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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,144 | $76,642-5.9% | $146,866-50.9% | $65,306+10.5% |
| Participation rate | 77.8% | 61.2%+16.5pp | 82.5%-4.7pp | 57.7%+20.1pp |
| Annual return | 21.12% | 33.40%-12.3pp | 102.85%-81.7pp | 21.94%-0.8pp |
| Employer contribution / active EE | $4,499 | $2,621+71.7% | $4,425+1.7% | $1,967+128.7% |
| Participant deferral / active EE | $5,660 | $4,864+16.4% | $7,759-27.0% | $2,959+91.3% |
| Admin fee / account holder | $4,930 | $3,960+24.5% | $13,620-63.8% | $3,480+41.7% |