Filed April 5, 2022
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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 | $125,460 | $110,083+14.0% | $151,639-17.3% | $68,486+83.2% |
| Participation rate | 84.2% | 84.0%+0.3pp | 87.5%-3.3pp | 67.9%+16.3pp |
| Annual return | -16.96% | -10.12%-6.8pp | 3.34%-20.3pp | -7.85%-9.1pp |
| Employer contribution / active EE | $3,723 | $4,470-16.7% | $6,165-39.6% | $2,597+43.4% |
| Participant deferral / active EE | $8,435 | $6,526+29.2% | $8,363+0.9% | $4,028+109.4% |
| Admin fee / account holder | $24,068 | $7,718+211.9% | $11,613+107.2% | $5,404+345.4% |