Filed February 18, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,679 | $93,598-27.7% | $135,974-50.2% | $75,173-10.0% |
| Participation rate | 82.4% | 75.2%+7.2pp | 81.9%+0.4pp | 67.2%+15.1pp |
| Annual return | 9.00% | 30.89%-21.9pp | 68.30%-59.3pp | 160.72%-151.7pp |
| Employer contribution / active EE | $2,386 | $3,538-32.5% | $4,859-50.9% | $2,671-10.7% |
| Participant deferral / active EE | $4,127 | $6,405-35.6% | $7,760-46.8% | $4,1260% |
| Admin fee / account holder | $446 | $6,978-93.6% | $10,767-95.9% | $5,651-92.1% |