Filed July 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 | $59,361 | $168,635-64.8% | $147,617-59.8% | $125,389-52.7% |
| Participation rate | 100.0% | 88.8%+11.2pp | 84.6%+15.4pp | 83.2%+16.8pp |
| Annual return | -2.15% | 77.65%-79.8pp | 61.98%-64.1pp | 282.24%-284.4pp |
| Employer contribution / active EE | $5,505 | $6,252-12.0% | $5,564-1.1% | $4,866+13.1% |
| Participant deferral / active EE | $6,261 | $5,507+13.7% | $4,895+27.9% | $5,352+17.0% |
| Admin fee / account holder | $2,670 | $13,580-80.3% | $11,612-77.0% | $9,541-72.0% |