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 | $60,410 | $93,617-35.5% | $135,982-55.6% | $75,177-19.6% |
| Participation rate | 77.9% | 75.2%+2.7pp | 81.9%-4.0pp | 67.2%+10.7pp |
| Annual return | 25.86% | 30.89%-5.0pp | 68.32%-42.5pp | 160.75%-134.9pp |
| Employer contribution / active EE | $8,464 | $3,538+139.2% | $4,859+74.2% | $2,671+216.9% |
| Participant deferral / active EE | $6,364 | $6,406-0.7% | $7,760-18.0% | $4,126+54.2% |
| Admin fee / account holder | $7,673 | $6,980+9.9% | $10,767-28.7% | $5,651+35.8% |