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 | $183,592-33.3% | $155,574-21.3% | $145,877-16.1% |
| Participation rate | 100.0% | 82.7%+17.3pp | 78.2%+21.8pp | 80.3%+19.7pp |
| Annual return | 18.32% | 61.37%-43.1pp | 64.87%-46.5pp | 551.28%-533.0pp |
| Employer contribution / active EE | $12,210 | $5,317+129.7% | $4,676+161.1% | $4,663+161.9% |
| Participant deferral / active EE | $9,974 | $6,466+54.3% | $5,629+77.2% | $6,691+49.1% |
| Admin fee / account holder | $41,126 | $19,316+112.9% | $15,914+158.4% | $13,402+206.9% |