Filed February 22, 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 | $67,605 | $60,349+12.0% | $74,184-8.9% | $62,881+7.5% |
| Participation rate | 82.4% | 72.7%+9.6pp | 76.6%+5.7pp | 69.3%+13.0pp |
| Annual return | 5.01% | 21.38%-16.4pp | 17.74%-12.7pp | 20.14%-15.1pp |
| Employer contribution / active EE | $2,877 | $1,680+71.2% | $2,370+21.4% | $2,281+26.1% |
| Participant deferral / active EE | $2,478 | $2,856-13.3% | $3,550-30.2% | $3,203-22.6% |
| Admin fee / account holder | $6,968 | $4,261+63.5% | $5,586+24.8% | $4,296+62.2% |