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 | $102,429-1.7% | $147,096-31.5% | $80,925+24.4% |
| Participation rate | 92.9% | 75.9%+17.0pp | 82.2%+10.7pp | 67.7%+25.2pp |
| Annual return | 23.82% | 135.02%-111.2pp | 419.75%-395.9pp | 35.65%-11.8pp |
| Employer contribution / active EE | $0 | $3,716-100.0% | $4,936-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $7,501 | $6,649+12.8% | $8,071-7.1% | $4,299+74.5% |
| Admin fee / account holder | $6,433 | $7,957-19.1% | $13,005-50.5% | $6,940-7.3% |