Filed August 21, 2023
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,324 | $176,105-50.4% | $159,474-45.2% | $167,536-47.9% |
| Participation rate | 82.4% | 85.0%-2.6pp | 82.8%-0.5pp | 82.1%+0.2pp |
| Annual return | 17.46% | 331.91%-314.5pp | 263.68%-246.2pp | 478.82%-461.4pp |
| Employer contribution / active EE | $5,406 | $5,299+2.0% | $4,831+11.9% | $4,839+11.7% |
| Participant deferral / active EE | $15,528 | $7,751+100.3% | $7,353+111.2% | $6,342+144.8% |
| Admin fee / account holder | $4,463 | $12,559-64.5% | $10,802-58.7% | $12,315-63.8% |