Filed October 22, 2020
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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 | $103,122 | $174,379-40.9% | $152,093-32.2% | $138,895-25.8% |
| Participation rate | 100.0% | 81.6%+18.4pp | 77.8%+22.2pp | 79.9%+20.1pp |
| Annual return | 13.00% | 74.86%-61.9pp | 66.36%-53.4pp | 145.39%-132.4pp |
| Employer contribution / active EE | $6,834 | $4,652+46.9% | $4,175+63.7% | $4,194+62.9% |
| Participant deferral / active EE | $5,325 | $6,159-13.5% | $5,451-2.3% | $6,396-16.7% |
| Admin fee / account holder | $418 | $16,880-97.5% | $14,497-97.1% | $12,562-96.7% |