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 | $50,171 | $73,019-31.3% | $90,766-44.7% | $68,490-26.7% |
| Participation rate | 100.0% | 70.8%+29.2pp | 75.7%+24.3pp | 67.9%+32.1pp |
| Annual return | -15.58% | -13.81%-1.8pp | -12.16%-3.4pp | -7.85%-7.7pp |
| Employer contribution / active EE | $4,628 | $2,193+111.1% | $2,922+58.4% | $2,597+78.2% |
| Participant deferral / active EE | $3,149 | $3,626-13.2% | $4,565-31.0% | $4,028-21.8% |
| Admin fee / account holder | $13,604 | $5,897+130.7% | $8,446+61.1% | $5,403+151.8% |