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 | $67,824 | $92,219-26.5% | $76,767-11.6% | $135,380-49.9% |
| Participation rate | 100.0% | 79.8%+20.2pp | 77.0%+23.0pp | 82.6%+17.4pp |
| Annual return | -6.98% | 5.46%-12.4pp | 2.43%-9.4pp | 519.81%-526.8pp |
| Employer contribution / active EE | $7,428 | $3,216+131.0% | $2,485+198.9% | $4,779+55.4% |
| Participant deferral / active EE | $4,240 | $4,508-6.0% | $3,852+10.1% | $5,609-24.4% |
| Admin fee / account holder | $1,507 | $10,749-86.0% | $6,675-77.4% | $10,828-86.1% |