Filed July 14, 2020
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $269,490 | $87,546+207.8% | $75,784+255.6% | $125,389+114.9% |
| Participation rate | 100.0% | 80.2%+19.8pp | 75.8%+24.2pp | 83.2%+16.8pp |
| Annual return | -2.41% | 13.49%-15.9pp | 9.68%-12.1pp | 282.24%-284.7pp |
| Employer contribution / active EE | $18,006 | $3,930+358.2% | $3,323+441.8% | $4,866+270.0% |
| Participant deferral / active EE | $13,672 | $4,230+223.3% | $3,652+274.4% | $5,352+155.5% |
| Admin fee / account holder | $9,235 | $6,503+42.0% | $5,300+74.2% | $9,541-3.2% |