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 | $88,386 | $81,870+8.0% | $119,622-26.1% | $68,486+29.1% |
| Participation rate | 88.6% | 71.9%+16.7pp | 79.3%+9.3pp | 67.9%+20.7pp |
| Annual return | -10.52% | -23.82%+13.3pp | -14.98%+4.5pp | -7.85%-2.7pp |
| Employer contribution / active EE | $6,205 | $2,692+130.5% | $4,232+46.6% | $2,597+138.9% |
| Participant deferral / active EE | $13,408 | $4,148+223.2% | $5,601+139.4% | $4,028+232.9% |
| Admin fee / account holder | $450 | $6,583-93.2% | $10,328-95.6% | $5,404-91.7% |