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 | $259,003 | $114,199+126.8% | $119,237+117.2% | $167,553+54.6% |
| Participation rate | 88.9% | 83.7%+5.2pp | 82.7%+6.2pp | 82.1%+6.8pp |
| Annual return | 20.79% | 29.88%-9.1pp | 30.70%-9.9pp | 478.89%-458.1pp |
| Employer contribution / active EE | $6,786 | $4,480+51.5% | $4,383+54.8% | $4,840+40.2% |
| Participant deferral / active EE | $9,913 | $6,086+62.9% | $6,112+62.2% | $6,343+56.3% |
| Admin fee / account holder | $168,326 | $8,939+1783.1% | $7,229+2228.5% | $12,316+1266.7% |