Filed October 3, 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 | $186,837 | $137,414+36.0% | $189,537-1.4% | $85,847+117.6% |
| Participation rate | 100.0% | 84.6%+15.4pp | 87.8%+12.2pp | 69.3%+30.7pp |
| Annual return | 17.50% | 38.14%-20.6pp | 555.34%-537.8pp | 318.61%-301.1pp |
| Employer contribution / active EE | $19,563 | $4,344+350.3% | $6,161+217.5% | $2,565+662.6% |
| Participant deferral / active EE | $16,349 | $6,260+161.2% | $8,220+98.9% | $3,952+313.7% |
| Admin fee / account holder | $16,678 | $8,630+93.3% | $12,048+38.4% | $6,261+166.4% |