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 | $234,945 | $105,210+123.3% | $159,487+47.3% | $85,851+173.7% |
| Participation rate | 82.1% | 75.8%+6.3pp | 82.8%-0.8pp | 69.3%+12.7pp |
| Annual return | 18.82% | 45.08%-26.3pp | 263.71%-244.9pp | 318.63%-299.8pp |
| Employer contribution / active EE | $2,987 | $3,319-10.0% | $4,831-38.2% | $2,565+16.4% |
| Participant deferral / active EE | $8,412 | $5,946+41.5% | $7,354+14.4% | $3,952+112.8% |
| Admin fee / account holder | $35,876 | $6,934+417.4% | $10,804+232.1% | $6,261+473.0% |