Filed August 8, 2024
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $504,808 | $149,333+238.0% | $106,387+374.5% | $135,382+272.9% |
| Participation rate | 100.0% | 81.5%+18.5pp | 77.5%+22.5pp | 82.6%+17.4pp |
| Annual return | -5.24% | 0.52%-5.8pp | 0.25%-5.5pp | 519.77%-525.0pp |
| Employer contribution / active EE | $20,839 | $4,984+318.1% | $3,520+492.1% | $4,779+336.1% |
| Participant deferral / active EE | $20,881 | $7,230+188.8% | $5,421+285.2% | $5,609+272.3% |
| Admin fee / account holder | $54,811 | $15,952+243.6% | $7,510+629.9% | $10,829+406.2% |