Filed October 7, 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 | $47,417 | $98,240-51.7% | $82,312-42.4% | $147,586-67.9% |
| Participation rate | 75.0% | 79.7%-4.7pp | 76.9%-1.9pp | 82.8%-7.8pp |
| Annual return | 9.83% | 30.85%-21.0pp | 25.88%-16.0pp | 578.59%-568.8pp |
| Employer contribution / active EE | $702 | $3,192-78.0% | $2,428-71.1% | $4,876-85.6% |
| Participant deferral / active EE | $2,472 | $4,383-43.6% | $3,706-33.3% | $5,439-54.6% |
| Admin fee / account holder | $1,393 | $8,563-83.7% | $5,608-75.2% | $10,886-87.2% |