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 | $101,956 | $125,797-19.0% | $170,043-40.0% | $75,173+35.6% |
| Participation rate | 85.0% | 83.6%+1.4pp | 87.0%-2.0pp | 67.2%+17.8pp |
| Annual return | 14.49% | 27.20%-12.7pp | 53.40%-38.9pp | 160.72%-146.2pp |
| Employer contribution / active EE | $3,982 | $4,616-13.7% | $6,790-41.4% | $2,671+49.1% |
| Participant deferral / active EE | $9,051 | $6,838+32.4% | $10,410-13.1% | $4,126+119.3% |
| Admin fee / account holder | $43,988 | $8,177+438.0% | $12,824+243.0% | $5,651+678.5% |