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 | $238,992 | $174,379+37.1% | $152,093+57.1% | $138,895+72.1% |
| Participation rate | 85.7% | 81.6%+4.1pp | 77.8%+7.9pp | 79.9%+5.8pp |
| Annual return | 16.93% | 74.86%-57.9pp | 66.36%-49.4pp | 145.39%-128.5pp |
| Employer contribution / active EE | $2,093 | $4,652-55.0% | $4,175-49.9% | $4,194-50.1% |
| Participant deferral / active EE | $10,820 | $6,159+75.7% | $5,451+98.5% | $6,396+69.2% |
| Admin fee / account holder | $2,826 | $16,880-83.3% | $14,497-80.5% | $12,562-77.5% |