Filed March 29, 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 | $136,987 | $59,402+130.6% | $93,654+46.3% | $74,546+83.8% |
| Participation rate | 80.2% | 59.7%+20.5pp | 68.7%+11.5pp | 67.2%+13.0pp |
| Annual return | 11.94% | 81.86%-69.9pp | 133.34%-121.4pp | 1366.03%-1354.1pp |
| Employer contribution / active EE | $870 | $1,265-31.2% | $2,421-64.1% | $2,624-66.9% |
| Participant deferral / active EE | $9,762 | $3,049+220.2% | $4,413+121.2% | $4,347+124.6% |
| Admin fee / account holder | $5,053 | $3,023+67.2% | $8,282-39.0% | $1,944+160.0% |