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 | $332,687 | $124,330+167.6% | $109,173+204.7% | $167,536+98.6% |
| Participation rate | 100.0% | 79.5%+20.5pp | 75.9%+24.1pp | 82.1%+17.9pp |
| Annual return | 15.85% | 26.04%-10.2pp | 25.75%-9.9pp | 478.82%-463.0pp |
| Employer contribution / active EE | $11,905 | $4,209+182.8% | $3,723+219.8% | $4,839+146.0% |
| Participant deferral / active EE | $9,086 | $5,256+72.9% | $4,654+95.2% | $6,342+43.3% |
| Admin fee / account holder | $8,398 | $7,974+5.3% | $6,755+24.3% | $12,315-31.8% |