Filed June 29, 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 | $196,390 | $114,712+71.2% | $173,730+13.0% | $87,485+124.5% |
| Participation rate | 87.0% | 73.0%+14.0pp | 79.6%+7.5pp | 68.9%+18.1pp |
| Annual return | 19.28% | 20.18%-0.9pp | 19.96%-0.7pp | 26.06%-6.8pp |
| Employer contribution / active EE | $20,507 | $2,904+606.2% | $4,577+348.0% | $2,596+689.9% |
| Participant deferral / active EE | $6,913 | $4,642+48.9% | $6,326+9.3% | $4,274+61.8% |
| Admin fee / account holder | $3,242 | $10,210-68.2% | $17,523-81.5% | $7,775-58.3% |