Filed February 26, 2020
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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 | $73,671 | $57,352+28.5% | $83,831-12.1% | $64,173+14.8% |
| Participation rate | 71.2% | 68.6%+2.6pp | 76.1%-4.9pp | 69.6%+1.6pp |
| Annual return | -1.23% | 11.38%-12.6pp | 850.99%-852.2pp | 7.63%-8.9pp |
| Employer contribution / active EE | $5,512 | $2,546+116.5% | $3,631+51.8% | $2,381+131.5% |
| Participant deferral / active EE | $7,144 | $2,993+138.7% | $4,082+75.0% | $3,470+105.9% |
| Admin fee / account holder | $2,301 | $4,046-43.1% | $5,479-58.0% | $4,887-52.9% |