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 | $74,215 | $105,210-29.5% | $159,487-53.5% | $85,851-13.6% |
| Participation rate | 86.5% | 75.8%+10.8pp | 82.8%+3.7pp | 69.3%+17.2pp |
| Annual return | 12.85% | 45.08%-32.2pp | 263.71%-250.9pp | 318.63%-305.8pp |
| Employer contribution / active EE | $2,606 | $3,319-21.5% | $4,831-46.1% | $2,565+1.6% |
| Participant deferral / active EE | $4,884 | $5,946-17.9% | $7,354-33.6% | $3,952+23.6% |
| Admin fee / account holder | $10,019 | $6,934+44.5% | $10,804-7.3% | $6,261+60.0% |