Filed April 28, 2021
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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 | $49,296 | $58,828-16.2% | $78,002-36.8% | $62,881-21.6% |
| Participation rate | 70.2% | 71.1%-0.8pp | 75.5%-5.3pp | 69.3%+0.9pp |
| Annual return | 6.48% | 17.16%-10.7pp | 425.99%-419.5pp | 20.14%-13.7pp |
| Employer contribution / active EE | $1,192 | $1,672-28.7% | $2,470-51.7% | $2,281-47.7% |
| Participant deferral / active EE | $2,968 | $2,686+10.5% | $3,497-15.1% | $3,203-7.3% |
| Admin fee / account holder | $3,784 | $4,393-13.9% | $5,481-31.0% | $4,296-11.9% |