Filed April 28, 2020
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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 | $71,665 | $98,240-27.1% | $82,312-12.9% | $147,586-51.4% |
| Participation rate | 100.0% | 79.7%+20.3pp | 76.9%+23.1pp | 82.8%+17.2pp |
| Annual return | 18.68% | 30.85%-12.2pp | 25.88%-7.2pp | 578.59%-559.9pp |
| Employer contribution / active EE | $3,852 | $3,192+20.7% | $2,428+58.6% | $4,876-21.0% |
| Participant deferral / active EE | $4,578 | $4,383+4.5% | $3,706+23.5% | $5,439-15.8% |
| Admin fee / account holder | $2,369 | $8,563-72.3% | $5,608-57.8% | $10,886-78.2% |