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 | $110,307 | $59,813+84.4% | $79,580+38.6% | $68,486+61.1% |
| Participation rate | 84.7% | 61.1%+23.6pp | 69.5%+15.2pp | 67.9%+16.8pp |
| Annual return | -13.87% | -12.30%-1.6pp | 0.15%-14.0pp | -7.85%-6.0pp |
| Employer contribution / active EE | $3,111 | $1,505+106.7% | $2,413+28.9% | $2,597+19.8% |
| Participant deferral / active EE | $9,822 | $3,024+224.8% | $3,985+146.5% | $4,028+143.9% |
| Admin fee / account holder | $3,066 | $4,835-36.6% | $6,835-55.1% | $5,404-43.3% |