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 | $40,020 | $69,977-42.8% | $108,582-63.1% | $62,881-36.4% |
| Participation rate | 93.3% | 72.9%+20.4pp | 79.6%+13.8pp | 69.3%+24.0pp |
| Annual return | 30.09% | 10.73%+19.4pp | -51.70%+81.8pp | 20.14%+9.9pp |
| Employer contribution / active EE | $3,267 | $2,135+53.0% | $3,758-13.1% | $2,281+43.3% |
| Participant deferral / active EE | $6,761 | $3,165+113.6% | $4,311+56.8% | $3,203+111.1% |
| Admin fee / account holder | $1,078 | $5,076-78.8% | $7,645-85.9% | $4,296-74.9% |