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 | $60,012 | $79,961-24.9% | $98,462-39.1% | $75,177-20.2% |
| Participation rate | 100.0% | 70.4%+29.6pp | 75.2%+24.8pp | 67.2%+32.8pp |
| Annual return | 16.04% | 19.75%-3.7pp | 21.17%-5.1pp | 160.75%-144.7pp |
| Employer contribution / active EE | $5,314 | $2,264+134.7% | $3,049+74.3% | $2,671+98.9% |
| Participant deferral / active EE | $3,998 | $3,753+6.6% | $4,738-15.6% | $4,126-3.1% |
| Admin fee / account holder | $1,183 | $6,842-82.7% | $8,875-86.7% | $5,651-79.1% |