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 | $188,679 | $78,707+139.7% | $117,861+60.1% | $70,126+169.1% |
| Participation rate | 100.0% | 73.2%+26.8pp | 79.7%+20.3pp | 69.5%+30.5pp |
| Annual return | 40.37% | 23.30%+17.1pp | 335.11%-294.7pp | 73.15%-32.8pp |
| Employer contribution / active EE | $2,974 | $2,223+33.7% | $3,786-21.5% | $2,343+26.9% |
| Participant deferral / active EE | $3,859 | $3,297+17.0% | $4,482-13.9% | $3,332+15.8% |
| Admin fee / account holder | $407 | $5,066-92.0% | $8,021-94.9% | $4,645-91.2% |