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 | $76,381 | $103,392-26.1% | $87,104-12.3% | $152,897-50.0% |
| Participation rate | 100.0% | 79.4%+20.6pp | 76.9%+23.1pp | 82.5%+17.5pp |
| Annual return | 19.68% | 28.10%-8.4pp | 28.19%-8.5pp | 345.43%-325.7pp |
| Employer contribution / active EE | $5,739 | $3,221+78.2% | $2,521+127.6% | $4,764+20.5% |
| Participant deferral / active EE | $3,972 | $4,778-16.9% | $4,048-1.9% | $5,851-32.1% |
| Admin fee / account holder | $1,977 | $12,194-83.8% | $7,491-73.6% | $11,599-83.0% |