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 | $94,167 | $58,828+60.1% | $78,002+20.7% | $62,881+49.8% |
| Participation rate | 100.0% | 71.1%+28.9pp | 75.5%+24.5pp | 69.3%+30.7pp |
| Annual return | 7.14% | 17.16%-10.0pp | 425.99%-418.9pp | 20.14%-13.0pp |
| Employer contribution / active EE | $5,288 | $1,672+216.3% | $2,470+114.1% | $2,281+131.8% |
| Participant deferral / active EE | $1,230 | $2,686-54.2% | $3,497-64.8% | $3,203-61.6% |
| Admin fee / account holder | $749 | $4,393-83.0% | $5,481-86.3% | $4,296-82.6% |