Filed June 14, 2021
Total covered: 5 employees
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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 | $150,592 | $58,258+158.5% | $81,820+84.1% | $80,925+86.1% |
| Participation rate | 94.1% | 63.5%+30.7pp | 72.4%+21.7pp | 67.7%+26.5pp |
| Annual return | 16.06% | 41.76%-25.7pp | 777.93%-761.9pp | 35.65%-19.6pp |
| Employer contribution / active EE | $6,899 | $2,345+194.2% | $2,915+136.7% | $2,756+150.3% |
| Participant deferral / active EE | $10,100 | $3,284+207.6% | $4,323+133.7% | $4,299+135.0% |
| Admin fee / account holder | $14,240 | $4,976+186.1% | $7,391+92.7% | $6,940+105.2% |