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 | $268,203 | $107,368+149.8% | $92,915+188.7% | $152,909+75.4% |
| Participation rate | 100.0% | 79.8%+20.2pp | 76.0%+24.0pp | 82.5%+17.5pp |
| Annual return | 21.42% | 145.64%-124.2pp | 109.45%-88.0pp | 345.46%-324.0pp |
| Employer contribution / active EE | $11,136 | $4,222+163.7% | $3,653+204.8% | $4,764+133.8% |
| Participant deferral / active EE | $8,994 | $4,848+85.5% | $4,238+112.2% | $5,851+53.7% |
| Admin fee / account holder | $2,032 | $7,082-71.3% | $5,796-64.9% | $11,601-82.5% |