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 | $211,607 | $98,776+114.2% | $149,745+41.3% | $79,856+165.0% |
| Participation rate | 85.7% | 75.8%+9.9pp | 82.5%+3.2pp | 69.6%+16.1pp |
| Annual return | 24.97% | 27.38%-2.4pp | 276.72%-251.8pp | 31.71%-6.7pp |
| Employer contribution / active EE | $3,299 | $3,217+2.5% | $4,646-29.0% | $2,471+33.5% |
| Participant deferral / active EE | $8,645 | $5,681+52.2% | $6,843+26.3% | $3,741+131.1% |
| Admin fee / account holder | $2,616 | $6,053-56.8% | $9,312-71.9% | $5,306-50.7% |