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 | $58,175 | $78,429-25.8% | $95,968-39.4% | $79,859-27.2% |
| Participation rate | 78.1% | 73.5%+4.6pp | 77.1%+1.0pp | 69.6%+8.5pp |
| Annual return | 16.66% | 19.38%-2.7pp | 91.65%-75.0pp | 31.71%-15.1pp |
| Employer contribution / active EE | $1,892 | $1,946-2.8% | $2,542-25.6% | $2,471-23.5% |
| Participant deferral / active EE | $4,313 | $3,440+25.3% | $4,167+3.5% | $3,741+15.3% |
| Admin fee / account holder | $883 | $5,622-84.3% | $6,798-87.0% | $5,307-83.4% |