Filed September 27, 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 | $224,082 | $102,382+118.9% | $147,005+52.4% | $80,874+177.1% |
| Participation rate | 72.7% | 75.8%-3.1pp | 82.2%-9.4pp | 67.6%+5.1pp |
| Annual return | 20.83% | 134.89%-114.1pp | 418.76%-397.9pp | 35.62%-14.8pp |
| Employer contribution / active EE | $3,241 | $3,715-12.8% | $4,934-34.3% | $2,756+17.6% |
| Participant deferral / active EE | $8,477 | $6,646+27.5% | $8,070+5.1% | $4,297+97.3% |
| Admin fee / account holder | $7,985 | $7,942+0.5% | $13,006-38.6% | $6,935+15.1% |