Filed June 20, 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 | $52,531 | $59,804-12.2% | $81,982-35.9% | $79,856-34.2% |
| Participation rate | 93.8% | 61.6%+32.2pp | 69.3%+24.6pp | 69.6%+24.2pp |
| Annual return | 26.57% | 17.56%+9.0pp | 41.31%-14.7pp | 31.71%-5.1pp |
| Employer contribution / active EE | $12,312 | $1,713+618.6% | $2,498+392.8% | $2,471+398.2% |
| Participant deferral / active EE | $3,799 | $2,695+40.9% | $3,722+2.0% | $3,741+1.5% |
| Admin fee / account holder | $469 | $4,288-89.1% | $5,665-91.7% | $5,306-91.2% |