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 | $100,278 | $100,003+0.3% | $146,685-31.6% | $85,856+16.8% |
| Participation rate | 95.2% | 73.1%+22.1pp | 80.1%+15.1pp | 69.3%+25.8pp |
| Annual return | 20.58% | 18.93%+1.6pp | 22.75%-2.2pp | 318.58%-298.0pp |
| Employer contribution / active EE | $6,557 | $2,559+156.2% | $4,137+58.5% | $2,565+155.6% |
| Participant deferral / active EE | $13,182 | $4,006+229.0% | $5,507+139.4% | $3,952+233.5% |
| Admin fee / account holder | $10,007 | $7,704+29.9% | $10,281-2.7% | $6,261+59.8% |