Filed April 2, 2020
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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 | $78,879 | $88,815-11.2% | $81,882-3.7% | $145,897-45.9% |
| Participation rate | 82.6% | 75.1%+7.5pp | 72.4%+10.2pp | 80.3%+2.3pp |
| Annual return | 14.49% | 1033.75%-1019.3pp | 779.47%-765.0pp | 552.29%-537.8pp |
| Employer contribution / active EE | $4,496 | $3,086+45.7% | $2,916+54.2% | $4,663-3.6% |
| Participant deferral / active EE | $7,011 | $4,647+50.9% | $4,323+62.2% | $6,689+4.8% |
| Admin fee / account holder | $1,706 | $8,434-79.8% | $7,360-76.8% | $13,390-87.3% |