Filed January 27, 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 | $93,829 | $86,922+7.9% | $102,438-8.4% | $80,874+16.0% |
| Participation rate | 93.3% | 72.4%+21.0pp | 76.5%+16.8pp | 67.6%+25.7pp |
| Annual return | 13.00% | 18.90%-5.9pp | 29.37%-16.4pp | 35.62%-22.6pp |
| Employer contribution / active EE | $2,568 | $2,369+8.4% | $3,024-15.1% | $2,756-6.8% |
| Participant deferral / active EE | $11,187 | $4,119+171.6% | $5,054+121.4% | $4,297+160.4% |
| Admin fee / account holder | $7,101 | $8,050-11.8% | $9,448-24.8% | $6,935+2.4% |