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 | $39,401 | $62,583-37.0% | $76,768-48.7% | $64,173-38.6% |
| Participation rate | 100.0% | 72.8%+27.2pp | 77.0%+23.0pp | 69.6%+30.4pp |
| Annual return | -5.28% | -1.95%-3.3pp | 2.43%-7.7pp | 7.63%-12.9pp |
| Employer contribution / active EE | $1,531 | $1,832-16.4% | $2,485-38.4% | $2,381-35.7% |
| Participant deferral / active EE | $3,067 | $3,145-2.5% | $3,852-20.4% | $3,470-11.6% |
| Admin fee / account holder | $2,455 | $4,667-47.4% | $6,676-63.2% | $4,887-49.8% |