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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $228,432 | $90,448+152.6% | $93,786+143.6% | $134,545+69.8% |
| Participation rate | 100.0% | 82.0%+18.0pp | 81.0%+19.0pp | 81.2%+18.8pp |
| Annual return | -18.61% | -15.71%-2.9pp | -11.32%-7.3pp | 418.37%-437.0pp |
| Employer contribution / active EE | $9,205 | $4,349+111.7% | $4,328+112.7% | $4,742+94.1% |
| Participant deferral / active EE | $13,467 | $5,983+125.1% | $6,100+120.8% | $6,401+110.4% |
| Admin fee / account holder | $1,940 | $9,232-79.0% | $7,184-73.0% | $11,431-83.0% |