Filed December 2, 2021
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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 | $65,926 | $79,867-17.5% | $120,344-45.2% | $64,340+2.5% |
| Participation rate | 80.2% | 63.0%+17.2pp | 76.7%+3.4pp | 55.2%+24.9pp |
| Annual return | 12.96% | 21.10%-8.1pp | 20.30%-7.3pp | 24.14%-11.2pp |
| Employer contribution / active EE | $3,499 | $1,925+81.8% | $3,020+15.8% | $1,862+87.9% |
| Participant deferral / active EE | $10,515 | $3,593+192.7% | $5,135+104.8% | $2,980+252.8% |
| Admin fee / account holder | $13,485 | $5,039+167.6% | $12,742+5.8% | $3,703+264.2% |