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 | $260,493 | $99,345+162.2% | $84,753+207.4% | $273,972-4.9% |
| Participation rate | 100.0% | 80.7%+19.3pp | 76.6%+23.4pp | 83.0%+17.0pp |
| Annual return | 6.51% | 22.93%-16.4pp | 22.78%-16.3pp | 41.46%-34.9pp |
| Employer contribution / active EE | $14,768 | $4,214+250.5% | $3,574+313.2% | $4,869+203.3% |
| Participant deferral / active EE | $10,927 | $4,270+155.9% | $3,712+194.4% | $5,287+106.7% |
| Admin fee / account holder | $100,073 | $6,645+1405.9% | $5,333+1776.4% | $10,133+887.6% |