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 | $85,515-22.9% | $112,040-41.2% | $67,986-3.0% |
| Participation rate | 80.2% | 68.2%+11.9pp | 76.5%+3.7pp | 57.2%+23.0pp |
| Annual return | 12.96% | 29.68%-16.7pp | 24.52%-11.6pp | 31.67%-18.7pp |
| Employer contribution / active EE | $3,499 | $2,191+59.7% | $2,954+18.4% | $2,019+73.3% |
| Participant deferral / active EE | $10,515 | $4,014+162.0% | $5,098+106.3% | $3,358+213.1% |
| Admin fee / account holder | $13,485 | $3,774+257.4% | $12,098+11.5% | $3,203+321.0% |