Filed January 5, 2021
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 | $30,654 | $56,197-45.5% | $67,652-54.7% | $59,633-48.6% |
| Participation rate | 86.5% | 71.5%+15.0pp | 75.7%+10.8pp | 68.7%+17.8pp |
| Annual return | -0.52% | 18508.10%-18508.6pp | 6625.40%-6625.9pp | 2041.47%-2042.0pp |
| Employer contribution / active EE | $1,557 | $1,615-3.6% | $2,266-31.3% | $2,203-29.3% |
| Participant deferral / active EE | $3,380 | $2,844+18.9% | $3,560-5.1% | $3,192+5.9% |
| Admin fee / account holder | $519 | $3,958-86.9% | $4,821-89.2% | $4,297-87.9% |