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 | $45,901 | $105,210-56.4% | $159,487-71.2% | $85,851-46.5% |
| Participation rate | 87.3% | 75.8%+11.5pp | 82.8%+4.5pp | 69.3%+18.0pp |
| Annual return | 28.65% | 45.08%-16.4pp | 263.71%-235.1pp | 318.63%-290.0pp |
| Employer contribution / active EE | $2,695 | $3,319-18.8% | $4,831-44.2% | $2,565+5.0% |
| Participant deferral / active EE | $7,289 | $5,946+22.6% | $7,354-0.9% | $3,952+84.4% |
| Admin fee / account holder | $3,910 | $6,934-43.6% | $10,804-63.8% | $6,261-37.5% |