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 | $102,385+118.9% | $147,080+52.4% | $80,935+176.9% |
| Participation rate | 72.7% | 75.9%-3.1pp | 82.2%-9.5pp | 67.7%+5.1pp |
| Annual return | 20.83% | 135.09%-114.3pp | 420.17%-399.3pp | 35.66%-14.8pp |
| Employer contribution / active EE | $3,241 | $3,717-12.8% | $4,933-34.3% | $2,757+17.6% |
| Participant deferral / active EE | $8,477 | $6,651+27.5% | $8,066+5.1% | $4,299+97.2% |
| Admin fee / account holder | $7,985 | $7,951+0.4% | $12,989-38.5% | $6,924+15.3% |