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 | $36,324 | $77,817-53.3% | $123,553-70.6% | $64,173-43.4% |
| Participation rate | 95.8% | 74.7%+21.1pp | 82.3%+13.5pp | 69.6%+26.3pp |
| Annual return | -5.73% | 12.49%-18.2pp | 119.21%-124.9pp | 7.63%-13.4pp |
| Employer contribution / active EE | $3,442 | $3,014+14.2% | $4,628-25.6% | $2,381+44.6% |
| Participant deferral / active EE | $6,066 | $5,240+15.8% | $6,426-5.6% | $3,470+74.8% |
| Admin fee / account holder | $16,524 | $5,519+199.4% | $9,284+78.0% | $4,887+238.1% |