Filed January 5, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,566 | $201,370-75.9% | $184,256-73.6% | $145,897-66.7% |
| Participation rate | 100.0% | 87.5%+12.5pp | 86.8%+13.2pp | 80.3%+19.7pp |
| Annual return | 9.56% | 29.05%-19.5pp | 28.85%-19.3pp | 552.29%-542.7pp |
| Employer contribution / active EE | $6,347 | $7,024-9.6% | $6,427-1.2% | $4,663+36.1% |
| Participant deferral / active EE | $3,694 | $9,808-62.3% | $9,133-59.6% | $6,689-44.8% |
| Admin fee / account holder | $10,797 | $16,364-34.0% | $13,899-22.3% | $13,390-19.4% |