Filed March 11, 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 | $74,982 | $87,132-13.9% | $105,624-29.0% | $80,959-7.4% |
| Participation rate | 100.0% | 70.4%+29.6pp | 75.3%+24.7pp | 67.7%+32.3pp |
| Annual return | 10.82% | 17.03%-6.2pp | 116.20%-105.4pp | 35.67%-24.9pp |
| Employer contribution / active EE | $4,877 | $2,397+103.5% | $3,168+53.9% | $2,757+76.9% |
| Participant deferral / active EE | $3,760 | $3,985-5.7% | $5,013-25.0% | $4,300-12.6% |
| Admin fee / account holder | $1,179 | $8,449-86.0% | $10,961-89.2% | $6,925-83.0% |