Filed December 17, 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 | $26,905 | $65,364-58.8% | $92,909-71.0% | $72,975-63.1% |
| Participation rate | 95.7% | 68.3%+27.3pp | 76.0%+19.6pp | 69.5%+26.2pp |
| Annual return | 25.28% | 42.11%-16.8pp | 109.44%-84.2pp | 81.01%-55.7pp |
| Employer contribution / active EE | $4,253 | $2,594+63.9% | $3,653+16.4% | $2,440+74.3% |
| Participant deferral / active EE | $3,114 | $3,128-0.4% | $4,238-26.5% | $3,608-13.7% |
| Admin fee / account holder | $1,893 | $4,251-55.5% | $5,795-67.3% | $5,124-63.0% |