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 | $74,456 | $65,367+13.9% | $92,915-19.9% | $72,976+2.0% |
| Participation rate | 88.3% | 68.3%+20.0pp | 76.0%+12.3pp | 69.5%+18.8pp |
| Annual return | 22.54% | 42.11%-19.6pp | 109.45%-86.9pp | 81.02%-58.5pp |
| Employer contribution / active EE | $5,568 | $2,594+114.7% | $3,653+52.4% | $2,440+128.2% |
| Participant deferral / active EE | $7,453 | $3,128+138.3% | $4,238+75.9% | $3,608+106.6% |
| Admin fee / account holder | $1,593 | $4,251-62.5% | $5,796-72.5% | $5,124-68.9% |