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 | $118,100 | $54,355+117.3% | $82,744+42.7% | $68,486+72.4% |
| Participation rate | 87.1% | 63.9%+23.2pp | 72.6%+14.5pp | 67.9%+19.2pp |
| Annual return | -15.82% | -13.67%-2.1pp | 702.22%-718.0pp | -7.85%-8.0pp |
| Employer contribution / active EE | $5,567 | $2,219+150.9% | $3,008+85.1% | $2,597+114.4% |
| Participant deferral / active EE | $8,518 | $3,246+162.4% | $4,395+93.8% | $4,028+111.5% |
| Admin fee / account holder | $22,512 | $4,397+412.0% | $5,325+322.8% | $5,404+316.6% |