Filed July 17, 2024
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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 | $87,858 | $209,336-58.0% | $197,124-55.4% | $137,256-36.0% |
| Participation rate | 89.5% | 87.3%+2.2pp | 86.7%+2.8pp | 80.0%+9.5pp |
| Annual return | 26.47% | 48.09%-21.6pp | 44.34%-17.9pp | 220.34%-193.9pp |
| Employer contribution / active EE | $2,795 | $6,591-57.6% | $6,227-55.1% | $4,156-32.7% |
| Participant deferral / active EE | $5,371 | $9,614-44.1% | $9,135-41.2% | $6,407-16.2% |
| Admin fee / account holder | $848 | $17,308-95.1% | $16,298-94.8% | $12,270-93.1% |