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 | $28,008 | $82,674-66.1% | $125,381-77.7% | $68,486-59.1% |
| Participation rate | 84.5% | 75.1%+9.5pp | 82.4%+2.1pp | 67.9%+16.6pp |
| Annual return | 37.61% | -5.97%+43.6pp | 572.31%-534.7pp | -7.85%+45.5pp |
| Employer contribution / active EE | $4,153 | $3,382+22.8% | $4,815-13.7% | $2,597+60.0% |
| Participant deferral / active EE | $13,631 | $6,111+123.1% | $7,448+83.0% | $4,028+238.4% |
| Admin fee / account holder | $936 | $6,277-85.1% | $10,007-90.6% | $5,404-82.7% |