Filed January 27, 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 | $100,709 | $102,382-1.6% | $147,005-31.5% | $80,874+24.5% |
| Participation rate | 92.9% | 75.8%+17.0pp | 82.2%+10.7pp | 67.6%+25.2pp |
| Annual return | 23.82% | 134.89%-111.1pp | 418.76%-394.9pp | 35.62%-11.8pp |
| Employer contribution / active EE | $0 | $3,715-100.0% | $4,934-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $7,501 | $6,646+12.9% | $8,070-7.0% | $4,297+74.6% |
| Admin fee / account holder | $6,433 | $7,942-19.0% | $13,006-50.5% | $6,935-7.2% |