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 | $62,431 | $185,856-66.4% | $170,028-63.3% | $139,456-55.2% |
| Participation rate | 88.2% | 87.8%+0.5pp | 87.0%+1.2pp | 80.3%+7.9pp |
| Annual return | 13.27% | 60.52%-47.3pp | 53.39%-40.1pp | 373.45%-360.2pp |
| Employer contribution / active EE | $2,491 | $7,593-67.2% | $6,788-63.3% | $4,753-47.6% |
| Participant deferral / active EE | $3,865 | $11,623-66.7% | $10,409-62.9% | $6,711-42.4% |
| Admin fee / account holder | $1,332 | $15,387-91.3% | $12,820-89.6% | $11,407-88.3% |