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 | $74,869 | $83,485-10.3% | $125,192-40.2% | $72,975+2.6% |
| Participation rate | 98.1% | 73.3%+24.8pp | 79.8%+18.3pp | 69.5%+28.6pp |
| Annual return | 24.57% | 25.77%-1.2pp | 43.79%-19.2pp | 81.01%-56.4pp |
| Employer contribution / active EE | $6,668 | $2,346+184.3% | $3,866+72.5% | $2,440+173.3% |
| Participant deferral / active EE | $10,250 | $3,586+185.8% | $4,937+107.6% | $3,608+184.1% |
| Admin fee / account holder | $10,265 | $5,518+86.0% | $9,704+5.8% | $5,124+100.3% |