Filed September 20, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $282,206 | $102,382+175.6% | $147,005+92.0% | $80,874+248.9% |
| Participation rate | 98.2% | 75.8%+22.3pp | 82.2%+16.0pp | 67.6%+30.5pp |
| Annual return | 28.71% | 134.89%-106.2pp | 418.76%-390.1pp | 35.62%-6.9pp |
| Employer contribution / active EE | $3,981 | $3,715+7.2% | $4,934-19.3% | $2,756+44.5% |
| Participant deferral / active EE | $13,531 | $6,646+103.6% | $8,070+67.7% | $4,297+214.9% |
| Admin fee / account holder | $1,528 | $7,942-80.8% | $13,006-88.3% | $6,935-78.0% |