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 | $69,711 | $44,714+55.9% | $91,225-23.6% | $66,930+4.2% |
| Participation rate | 76.9% | 65.0%+11.9pp | 73.2%+3.7pp | 69.8%+7.1pp |
| Annual return | -15.70% | -12.25%-3.4pp | 114.10%-129.8pp | 1.57%-17.3pp |
| Employer contribution / active EE | $3,780 | $1,710+121.0% | $2,851+32.6% | $2,545+48.5% |
| Participant deferral / active EE | $5,200 | $3,355+55.0% | $4,234+22.8% | $4,238+22.7% |
| Admin fee / account holder | $3,917 | $521+651.7% | $5,422-27.8% | $593+560.1% |