Filed April 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 | $17,380 | $56,431-69.2% | $130,788-86.7% | $87,485-80.1% |
| Participation rate | 100.0% | 58.9%+41.1pp | 70.1%+29.9pp | 68.9%+31.1pp |
| Annual return | 16.09% | 91.27%-75.2pp | 386.44%-370.3pp | 26.06%-10.0pp |
| Employer contribution / active EE | $1,233 | $1,549-20.4% | $3,558-65.4% | $2,596-52.5% |
| Participant deferral / active EE | $3,860 | $2,749+40.4% | $4,137-6.7% | $4,274-9.7% |
| Admin fee / account holder | $930 | $4,433-79.0% | $6,673-86.1% | $7,775-88.0% |