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 | $128,208 | $57,305+123.7% | $86,640+48.0% | $75,173+70.6% |
| Participation rate | 96.9% | 63.2%+33.7pp | 71.7%+25.2pp | 67.2%+29.7pp |
| Annual return | 17.64% | 2674.24%-2656.6pp | 592.52%-574.9pp | 160.72%-143.1pp |
| Employer contribution / active EE | $6,564 | $2,316+183.4% | $3,024+117.0% | $2,671+145.7% |
| Participant deferral / active EE | $10,239 | $3,320+208.5% | $4,438+130.7% | $4,126+148.2% |
| Admin fee / account holder | $8,332 | $4,116+102.4% | $5,616+48.4% | $5,651+47.4% |