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 | $113,866 | $160,040-28.9% | $147,096-22.6% | $145,877-21.9% |
| Participation rate | 82.6% | 84.0%-1.4pp | 82.2%+0.4pp | 80.3%+2.3pp |
| Annual return | 10.91% | 98.49%-87.6pp | 419.75%-408.8pp | 551.28%-540.4pp |
| Employer contribution / active EE | $2,687 | $5,289-49.2% | $4,936-45.6% | $4,663-42.4% |
| Participant deferral / active EE | $8,467 | $8,429+0.5% | $8,071+4.9% | $6,691+26.6% |
| Admin fee / account holder | $11,133 | $15,050-26.0% | $13,005-14.4% | $13,402-16.9% |