Filed January 25, 2021
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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 | $75,493 | $49,025+54.0% | $87,502-13.7% | $62,881+20.1% |
| Participation rate | 96.6% | 64.9%+31.7pp | 73.8%+22.7pp | 69.3%+27.2pp |
| Annual return | 6.18% | 10.02%-3.8pp | 12.21%-6.0pp | 20.14%-14.0pp |
| Employer contribution / active EE | $3,661 | $1,372+166.9% | $2,550+43.6% | $2,281+60.5% |
| Participant deferral / active EE | $5,698 | $2,289+148.9% | $3,149+81.0% | $3,203+77.9% |
| Admin fee / account holder | $1,246 | $4,065-69.4% | $4,221-70.5% | $4,296-71.0% |