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 | $102,385+175.6% | $147,080+91.9% | $80,935+248.7% |
| Participation rate | 98.2% | 75.9%+22.3pp | 82.2%+16.0pp | 67.7%+30.5pp |
| Annual return | 28.71% | 135.09%-106.4pp | 420.17%-391.5pp | 35.66%-6.9pp |
| Employer contribution / active EE | $3,981 | $3,717+7.1% | $4,933-19.3% | $2,757+44.4% |
| Participant deferral / active EE | $13,531 | $6,651+103.4% | $8,066+67.7% | $4,299+214.7% |
| Admin fee / account holder | $1,528 | $7,951-80.8% | $12,989-88.2% | $6,924-77.9% |