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 | $315,971 | $97,765+223.2% | $103,486+205.3% | $145,884+116.6% |
| Participation rate | 100.0% | 81.1%+18.9pp | 80.5%+19.5pp | 80.3%+19.7pp |
| Annual return | 22.13% | 25.44%-3.3pp | 23.93%-1.8pp | 551.85%-529.7pp |
| Employer contribution / active EE | $12,184 | $4,687+160.0% | $4,679+160.4% | $4,662+161.3% |
| Participant deferral / active EE | $11,948 | $6,606+80.9% | $6,628+80.3% | $6,690+78.6% |
| Admin fee / account holder | $4,317 | $12,505-65.5% | $9,354-53.8% | $13,392-67.8% |