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 | $102,382-17.7% | $147,005-42.7% | $80,874+4.1% |
| Participation rate | 93.8% | 75.8%+18.0pp | 82.2%+11.7pp | 67.6%+26.2pp |
| Annual return | 80.36% | 134.89%-54.5pp | 418.76%-338.4pp | 35.62%+44.7pp |
| Employer contribution / active EE | $5,210 | $3,715+40.2% | $4,934+5.6% | $2,756+89.1% |
| Participant deferral / active EE | $16,577 | $6,646+149.4% | $8,070+105.4% | $4,297+285.8% |
| Admin fee / account holder | $28,615 | $7,942+260.3% | $13,006+120.0% | $6,935+312.6% |