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 | $102,422+118.8% | $147,117+52.3% | $80,959+176.8% |
| Participation rate | 72.7% | 75.9%-3.1pp | 82.2%-9.5pp | 67.7%+5.1pp |
| Annual return | 20.83% | 135.16%-114.3pp | 420.54%-399.7pp | 35.67%-14.8pp |
| Employer contribution / active EE | $3,241 | $3,717-12.8% | $4,932-34.3% | $2,757+17.5% |
| Participant deferral / active EE | $8,477 | $6,652+27.4% | $8,065+5.1% | $4,300+97.1% |
| Admin fee / account holder | $7,985 | $7,953+0.4% | $12,993-38.5% | $6,925+15.3% |