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 | $92,701 | $72,273+28.3% | $101,275-8.5% | $79,856+16.1% |
| Participation rate | 88.3% | 68.5%+19.9pp | 75.8%+12.5pp | 69.6%+18.7pp |
| Annual return | 19.67% | 22.30%-2.6pp | 46.48%-26.8pp | 31.71%-12.0pp |
| Employer contribution / active EE | $3,483 | $2,691+29.4% | $3,660-4.8% | $2,471+40.9% |
| Participant deferral / active EE | $7,701 | $3,282+134.7% | $4,371+76.2% | $3,741+105.9% |
| Admin fee / account holder | $2,723 | $4,401-38.1% | $5,948-54.2% | $5,306-48.7% |