Filed December 4, 2023
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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 | $231,970 | $183,516+26.4% | $155,534+49.1% | $145,884+59.0% |
| Participation rate | 100.0% | 82.7%+17.3pp | 78.2%+21.8pp | 80.3%+19.7pp |
| Annual return | 13.15% | 61.43%-48.3pp | 64.92%-51.8pp | 551.85%-538.7pp |
| Employer contribution / active EE | $7,814 | $5,315+47.0% | $4,675+67.2% | $4,662+67.6% |
| Participant deferral / active EE | $15,163 | $6,467+134.5% | $5,630+169.3% | $6,690+126.7% |
| Admin fee / account holder | $1,105 | $19,293-94.3% | $15,900-93.0% | $13,392-91.7% |