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 | $127,226 | $110,083+15.6% | $151,645-16.1% | $68,490+85.8% |
| Participation rate | 100.0% | 84.0%+16.0pp | 87.5%+12.5pp | 67.9%+32.1pp |
| Annual return | -13.01% | -10.12%-2.9pp | 3.34%-16.3pp | -7.85%-5.2pp |
| Employer contribution / active EE | $17,947 | $4,470+301.5% | $6,165+191.1% | $2,597+591.1% |
| Participant deferral / active EE | $13,752 | $6,526+110.7% | $8,363+64.4% | $4,028+241.4% |
| Admin fee / account holder | $41,052 | $7,718+431.9% | $11,614+253.5% | $5,403+659.8% |