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 | $87,152 | $78,636+10.8% | $105,607-17.5% | $74,459+17.0% |
| Participation rate | 95.0% | 72.8%+22.3pp | 75.3%+19.8pp | 67.2%+27.8pp |
| Annual return | 19.26% | 15.96%+3.3pp | 116.11%-96.8pp | 1369.70%-1350.4pp |
| Employer contribution / active EE | $6,183 | $2,523+145.1% | $3,167+95.3% | $2,626+135.5% |
| Participant deferral / active EE | $11,549 | $4,322+167.2% | $5,011+130.5% | $4,350+165.5% |
| Admin fee / account holder | $14,941 | $2,220+573.0% | $10,958+36.3% | $1,945+668.3% |