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 | $143,969-21.2% | $199,883-43.3% | $82,637+37.2% |
| Participation rate | 96.3% | 84.1%+12.2pp | 86.8%+9.5pp | 68.1%+28.2pp |
| Annual return | 18.53% | 25.67%-7.1pp | 43.81%-25.3pp | 53.51%-35.0pp |
| Employer contribution / active EE | $6,642 | $4,632+43.4% | $6,261+6.1% | $2,552+160.3% |
| Participant deferral / active EE | $6,846 | $6,937-1.3% | $9,138-25.1% | $4,126+65.9% |
| Admin fee / account holder | $624 | $14,597-95.7% | $17,268-96.4% | $7,339-91.5% |