Filed August 19, 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 | $32,655 | $98,776-66.9% | $149,745-78.2% | $79,856-59.1% |
| Participation rate | 87.5% | 75.8%+11.7pp | 82.5%+5.0pp | 69.6%+17.9pp |
| Annual return | 31.37% | 27.38%+4.0pp | 276.72%-245.3pp | 31.71%-0.3pp |
| Employer contribution / active EE | $8,431 | $3,217+162.0% | $4,646+81.5% | $2,471+241.2% |
| Participant deferral / active EE | $6,119 | $5,681+7.7% | $6,843-10.6% | $3,741+63.6% |
| Admin fee / account holder | $2,590 | $6,053-57.2% | $9,312-72.2% | $5,306-51.2% |