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 | $203,901 | $138,385+47.3% | $184,243+10.7% | $80,925+152.0% |
| Participation rate | 100.0% | 83.9%+16.1pp | 86.8%+13.2pp | 67.7%+32.3pp |
| Annual return | 13.76% | 20.02%-6.3pp | 28.82%-15.1pp | 35.65%-21.9pp |
| Employer contribution / active EE | $11,897 | $4,851+145.3% | $6,427+85.1% | $2,756+331.6% |
| Participant deferral / active EE | $13,130 | $7,075+85.6% | $9,132+43.8% | $4,299+205.5% |
| Admin fee / account holder | $25,436 | $10,489+142.5% | $13,914+82.8% | $6,940+266.5% |