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 | $123,981 | $65,555+89.1% | $86,216+43.8% | $75,173+64.9% |
| Participation rate | 81.9% | 60.5%+21.4pp | 69.0%+13.0pp | 67.2%+14.7pp |
| Annual return | 14.67% | 46.07%-31.4pp | 1169.42%-1154.8pp | 160.72%-146.1pp |
| Employer contribution / active EE | $792 | $1,553-49.0% | $2,382-66.8% | $2,671-70.4% |
| Participant deferral / active EE | $9,799 | $3,023+224.1% | $3,986+145.8% | $4,126+137.5% |
| Admin fee / account holder | $11,324 | $5,469+107.1% | $6,853+65.2% | $5,651+100.4% |