Filed May 3, 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 | $113,381 | $142,972-20.7% | $214,702-47.2% | $86,983+30.3% |
| Participation rate | 96.3% | 84.9%+11.4pp | 87.5%+8.8pp | 69.5%+26.8pp |
| Annual return | 18.53% | 18.49%0pp | 54.55%-36.0pp | 25.83%-7.3pp |
| Employer contribution / active EE | $6,642 | $4,635+43.3% | $6,461+2.8% | $2,584+157.0% |
| Participant deferral / active EE | $6,846 | $6,568+4.2% | $9,147-25.2% | $4,194+63.2% |
| Admin fee / account holder | $624 | $17,617-96.5% | $19,830-96.9% | $7,856-92.1% |