Filed June 18, 2024
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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 | $84,219 | $102,429-17.8% | $147,096-42.7% | $80,925+4.1% |
| Participation rate | 93.8% | 75.9%+18.0pp | 82.2%+11.7pp | 67.7%+26.2pp |
| Annual return | 80.36% | 135.02%-54.7pp | 419.75%-339.4pp | 35.65%+44.7pp |
| Employer contribution / active EE | $5,210 | $3,716+40.2% | $4,936+5.6% | $2,756+89.0% |
| Participant deferral / active EE | $16,577 | $6,649+149.3% | $8,071+105.4% | $4,299+285.6% |
| Admin fee / account holder | $28,615 | $7,957+259.6% | $13,005+120.0% | $6,940+312.3% |