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 | $152,074+123.5% | $137,474+147.2% | $198,609+71.1% |
| Participation rate | 100.0% | 85.3%+14.7pp | 83.5%+16.5pp | 82.4%+17.6pp |
| Annual return | 11.69% | 10.68%+1.0pp | 11.53%+0.2pp | 202.70%-191.0pp |
| Employer contribution / active EE | $12,412 | $5,444+128.0% | $5,048+145.9% | $5,055+145.5% |
| Participant deferral / active EE | $10,796 | $6,522+65.5% | $6,155+75.4% | $6,977+54.7% |
| Admin fee / account holder | $2,266 | $11,950-81.0% | $10,602-78.6% | $19,030-88.1% |