Filed January 5, 2021
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Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $41,008 | $209,847-80.5% | $189,520-78.4% | $167,518-75.5% |
| Participation rate | 90.0% | 88.7%+1.3pp | 87.8%+2.2pp | 82.1%+7.9pp |
| Annual return | 14.82% | 748.45%-733.6pp | 555.25%-540.4pp | 478.71%-463.9pp |
| Employer contribution / active EE | $2,334 | $6,913-66.2% | $6,161-62.1% | $4,838-51.8% |
| Participant deferral / active EE | $1,911 | $8,934-78.6% | $8,220-76.8% | $6,342-69.9% |
| Admin fee / account holder | $847 | $14,295-94.1% | $12,046-93.0% | $12,312-93.1% |