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 | $95,665 | $78,425+22.0% | $95,956-0.3% | $79,858+19.8% |
| Participation rate | 82.1% | 73.5%+8.7pp | 77.1%+5.1pp | 69.6%+12.5pp |
| Annual return | 13.92% | 19.37%-5.5pp | 91.63%-77.7pp | 31.72%-17.8pp |
| Employer contribution / active EE | $2,219 | $1,945+14.1% | $2,541-12.7% | $2,471-10.2% |
| Participant deferral / active EE | $2,427 | $3,440-29.5% | $4,167-41.8% | $3,740-35.1% |
| Admin fee / account holder | $6,641 | $5,622+18.1% | $6,797-2.3% | $5,306+25.2% |