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 | $86,949+7.9% | $102,460-8.4% | $80,959+15.9% |
| Participation rate | 93.3% | 72.4%+20.9pp | 76.5%+16.8pp | 67.7%+25.7pp |
| Annual return | 13.00% | 18.89%-5.9pp | 29.47%-16.5pp | 35.67%-22.7pp |
| Employer contribution / active EE | $2,568 | $2,370+8.4% | $3,025-15.1% | $2,757-6.9% |
| Participant deferral / active EE | $11,187 | $4,121+171.5% | $5,056+121.3% | $4,300+160.1% |
| Admin fee / account holder | $7,101 | $8,048-11.8% | $9,460-24.9% | $6,925+2.5% |