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 | $123,898+174.3% | $116,538+191.6% | $155,188+119.0% |
| Participation rate | 100.0% | 83.7%+16.3pp | 82.6%+17.4pp | 80.8%+19.2pp |
| Annual return | 11.69% | 16.04%-4.3pp | 17.97%-6.3pp | 148.84%-137.1pp |
| Employer contribution / active EE | $12,412 | $4,739+161.9% | $4,541+173.3% | $4,248+192.2% |
| Participant deferral / active EE | $10,796 | $6,400+68.7% | $6,207+73.9% | $6,531+65.3% |
| Admin fee / account holder | $2,266 | $9,174-75.3% | $8,737-74.1% | $14,480-84.3% |