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 | $79,393 | $63,861+24.3% | $104,625-24.1% | $79,852-0.6% |
| Participation rate | 87.8% | 64.9%+22.9pp | 74.1%+13.7pp | 69.6%+18.2pp |
| Annual return | 17.47% | 21.30%-3.8pp | 340.60%-323.1pp | 31.72%-14.2pp |
| Employer contribution / active EE | $3,320 | $1,588+109.1% | $2,681+23.8% | $2,471+34.4% |
| Participant deferral / active EE | $4,644 | $2,693+72.4% | $3,738+24.3% | $3,740+24.2% |
| Admin fee / account holder | $3,042 | $4,185-27.3% | $6,465-53.0% | $5,306-42.7% |