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 | $72,863 | $62,589+16.4% | $76,768-5.1% | $64,173+13.5% |
| Participation rate | 80.6% | 72.8%+7.8pp | 77.0%+3.7pp | 69.6%+11.1pp |
| Annual return | -3.38% | -1.95%-1.4pp | 2.43%-5.8pp | 7.63%-11.0pp |
| Employer contribution / active EE | $3,105 | $1,832+69.5% | $2,485+24.9% | $2,381+30.4% |
| Participant deferral / active EE | $2,998 | $3,145-4.7% | $3,852-22.2% | $3,470-13.6% |
| Admin fee / account holder | $18,764 | $4,667+302.0% | $6,675+181.1% | $4,887+283.9% |