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 | $87,037-13.9% | $106,201-29.4% | $80,874-7.3% |
| Participation rate | 100.0% | 70.4%+29.6pp | 75.3%+24.7pp | 67.6%+32.4pp |
| Annual return | 10.82% | 17.05%-6.2pp | 116.26%-105.4pp | 35.62%-24.8pp |
| Employer contribution / active EE | $4,877 | $2,396+103.5% | $3,170+53.9% | $2,756+77.0% |
| Participant deferral / active EE | $3,760 | $3,986-5.7% | $5,012-25.0% | $4,297-12.5% |
| Admin fee / account holder | $1,179 | $8,434-86.0% | $11,039-89.3% | $6,935-83.0% |