Filed April 2, 2020
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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 | $97,429 | $98,766-1.4% | $149,730-34.9% | $79,852+22.0% |
| Participation rate | 75.0% | 75.8%-0.8pp | 82.5%-7.5pp | 69.6%+5.4pp |
| Annual return | 19.52% | 27.43%-7.9pp | 276.70%-257.2pp | 31.72%-12.2pp |
| Employer contribution / active EE | $3,196 | $3,217-0.6% | $4,645-31.2% | $2,471+29.3% |
| Participant deferral / active EE | $8,634 | $5,681+52.0% | $6,843+26.2% | $3,740+130.8% |
| Admin fee / account holder | $4,218 | $6,052-30.3% | $9,310-54.7% | $5,306-20.5% |