Filed April 22, 2021 (most recent of 2 filings on file)
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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 | $73,430 | $137,414-46.6% | $189,520-61.3% | $85,856-14.5% |
| Participation rate | 96.3% | 84.6%+11.6pp | 87.8%+8.4pp | 69.3%+26.9pp |
| Annual return | 16.48% | 38.14%-21.7pp | 555.25%-538.8pp | 318.58%-302.1pp |
| Employer contribution / active EE | $2,988 | $4,344-31.2% | $6,161-51.5% | $2,565+16.5% |
| Participant deferral / active EE | $1,843 | $6,260-70.6% | $8,220-77.6% | $3,952-53.4% |
| Admin fee / account holder | $2,626 | $8,630-69.6% | $12,046-78.2% | $6,261-58.1% |