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 | $102,422-17.8% | $147,117-42.8% | $80,959+4.0% |
| Participation rate | 93.8% | 75.9%+18.0pp | 82.2%+11.7pp | 67.7%+26.2pp |
| Annual return | 80.36% | 135.16%-54.8pp | 420.54%-340.2pp | 35.67%+44.7pp |
| Employer contribution / active EE | $5,210 | $3,717+40.1% | $4,932+5.6% | $2,757+89.0% |
| Participant deferral / active EE | $16,577 | $6,652+149.2% | $8,065+105.6% | $4,300+285.5% |
| Admin fee / account holder | $28,615 | $7,953+259.8% | $12,993+120.2% | $6,925+313.2% |