Filed July 10, 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 | $339,812 | $124,213+173.6% | $118,106+187.7% | $154,746+119.6% |
| Participation rate | 100.0% | 83.6%+16.4pp | 81.9%+18.1pp | 80.7%+19.3pp |
| Annual return | 11.69% | 18.29%-6.6pp | 19.44%-7.8pp | 172.34%-160.6pp |
| Employer contribution / active EE | $12,412 | $4,905+153.1% | $4,698+164.2% | $4,379+183.4% |
| Participant deferral / active EE | $10,796 | $6,859+57.4% | $6,619+63.1% | $6,730+60.4% |
| Admin fee / account holder | $2,266 | $9,627-76.5% | $8,973-74.7% | $14,365-84.2% |