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 | $92,663 | $148,623-37.7% | $135,974-31.9% | $139,466-33.6% |
| Participation rate | 86.4% | 83.9%+2.5pp | 81.9%+4.4pp | 80.3%+6.0pp |
| Annual return | 15.41% | 79.30%-63.9pp | 68.30%-52.9pp | 373.66%-358.3pp |
| Employer contribution / active EE | $3,447 | $5,246-34.3% | $4,859-29.1% | $4,754-27.5% |
| Participant deferral / active EE | $9,456 | $8,103+16.7% | $7,760+21.9% | $6,712+40.9% |
| Admin fee / account holder | $2,223 | $12,406-82.1% | $10,767-79.4% | $11,409-80.5% |