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 | $75,991 | $138,102-45.0% | $125,381-39.4% | $134,532-43.5% |
| Participation rate | 77.8% | 84.5%-6.7pp | 82.4%-4.6pp | 81.2%-3.5pp |
| Annual return | -17.59% | 750.73%-768.3pp | 572.31%-589.9pp | 418.27%-435.9pp |
| Employer contribution / active EE | $3,688 | $5,245-29.7% | $4,815-23.4% | $4,741-22.2% |
| Participant deferral / active EE | $9,599 | $7,801+23.1% | $7,448+28.9% | $6,401+50.0% |
| Admin fee / account holder | $10,071 | $11,568-12.9% | $10,007+0.6% | $11,429-11.9% |