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 | $79,758 | $58,523+36.3% | $99,470-19.8% | $72,983+9.3% |
| Participation rate | 75.7% | 64.6%+11.0pp | 73.8%+1.8pp | 69.5%+6.2pp |
| Annual return | 37.16% | 28.51%+8.6pp | 30.72%+6.4pp | 81.01%-43.9pp |
| Employer contribution / active EE | $2,451 | $1,512+62.1% | $2,540-3.5% | $2,440+0.5% |
| Participant deferral / active EE | $3,809 | $2,606+46.2% | $3,619+5.3% | $3,608+5.6% |
| Admin fee / account holder | $6,675 | $4,102+62.7% | $6,252+6.8% | $5,124+30.3% |