Filed August 23, 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 | $122,432 | $183,516-33.3% | $155,534-21.3% | $145,884-16.1% |
| Participation rate | 100.0% | 82.7%+17.3pp | 78.2%+21.8pp | 80.3%+19.7pp |
| Annual return | 18.32% | 61.43%-43.1pp | 64.92%-46.6pp | 551.85%-533.5pp |
| Employer contribution / active EE | $12,210 | $5,315+129.7% | $4,675+161.2% | $4,662+161.9% |
| Participant deferral / active EE | $9,974 | $6,467+54.2% | $5,630+77.2% | $6,690+49.1% |
| Admin fee / account holder | $41,126 | $19,293+113.2% | $15,900+158.7% | $13,392+207.1% |