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 | $56,116-69.0% | $135,768-87.2% | $86,983-80.0% |
| Participation rate | 100.0% | 60.1%+39.9pp | 71.1%+28.9pp | 69.5%+30.5pp |
| Annual return | 16.09% | 125.33%-109.2pp | 526.10%-510.0pp | 25.83%-9.7pp |
| Employer contribution / active EE | $1,233 | $1,528-19.3% | $3,394-63.7% | $2,584-52.3% |
| Participant deferral / active EE | $3,860 | $2,690+43.5% | $3,977-2.9% | $4,194-8.0% |
| Admin fee / account holder | $930 | $4,314-78.4% | $7,048-86.8% | $7,856-88.2% |