Filed December 5, 2023
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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 | $106,477 | $148,623-28.4% | $135,974-21.7% | $139,466-23.7% |
| Participation rate | 100.0% | 83.9%+16.1pp | 81.9%+18.1pp | 80.3%+19.7pp |
| Annual return | 21.24% | 79.30%-58.1pp | 68.30%-47.1pp | 373.66%-352.4pp |
| Employer contribution / active EE | $5,919 | $5,246+12.8% | $4,859+21.8% | $4,754+24.5% |
| Participant deferral / active EE | $7,035 | $8,103-13.2% | $7,760-9.3% | $6,712+4.8% |
| Admin fee / account holder | $828 | $12,406-93.3% | $10,767-92.3% | $11,409-92.7% |