Filed March 8, 2022
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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 | $76,644 | $87,733-12.6% | $106,554-28.1% | $85,851-10.7% |
| Participation rate | 95.6% | 71.9%+23.7pp | 76.1%+19.5pp | 69.3%+26.3pp |
| Annual return | 59.43% | 21.86%+37.6pp | 26.80%+32.6pp | 318.63%-259.2pp |
| Employer contribution / active EE | $4,358 | $2,073+110.2% | $2,819+54.6% | $2,565+69.9% |
| Participant deferral / active EE | $11,260 | $3,469+224.6% | $4,398+156.0% | $3,952+184.9% |
| Admin fee / account holder | $1,335 | $6,767-80.3% | $7,408-82.0% | $6,261-78.7% |