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 | $25,344 | $76,551-66.9% | $123,894-79.5% | $62,881-59.7% |
| Participation rate | 100.0% | 73.0%+27.0pp | 81.4%+18.6pp | 69.3%+30.7pp |
| Annual return | 11.13% | 18.68%-7.5pp | 47.52%-36.4pp | 20.14%-9.0pp |
| Employer contribution / active EE | $3,506 | $2,882+21.6% | $4,617-24.1% | $2,281+53.7% |
| Participant deferral / active EE | $3,855 | $4,840-20.3% | $5,984-35.6% | $3,203+20.4% |
| Admin fee / account holder | $530 | $4,826-89.0% | $8,357-93.7% | $4,296-87.7% |