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 | $35,110 | $80,992-56.7% | $96,534-63.6% | $75,173-53.3% |
| Participation rate | 100.0% | 71.8%+28.2pp | 76.0%+24.0pp | 67.2%+32.8pp |
| Annual return | 14.63% | 27.05%-12.4pp | 25.88%-11.3pp | 160.72%-146.1pp |
| Employer contribution / active EE | $3,212 | $2,283+40.7% | $2,965+8.3% | $2,671+20.3% |
| Participant deferral / active EE | $1,852 | $3,929-52.9% | $4,851-61.8% | $4,126-55.1% |
| Admin fee / account holder | $622 | $6,717-90.7% | $8,253-92.5% | $5,651-89.0% |