Filed December 12, 2019
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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 | $122,354 | $91,760+33.3% | $156,181-21.7% | $67,986+80.0% |
| Participation rate | 94.5% | 65.0%+29.5pp | 78.8%+15.7pp | 57.2%+37.3pp |
| Annual return | 56.83% | 18.14%+38.7pp | 64.87%-8.0pp | 31.67%+25.2pp |
| Employer contribution / active EE | $6,292 | $2,419+160.1% | $4,294+46.5% | $2,019+211.7% |
| Participant deferral / active EE | $14,363 | $3,960+262.7% | $6,132+134.2% | $3,358+327.7% |
| Admin fee / account holder | $7,575 | $3,949+91.9% | $14,586-48.1% | $3,203+136.5% |