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 | $94,556 | $51,638+83.1% | $68,368+38.3% | $82,448+14.7% |
| Participation rate | 76.9% | 63.6%+13.3pp | 73.8%+3.2pp | 68.1%+8.9pp |
| Annual return | 19.68% | 37.53%-17.9pp | 292.57%-272.9pp | 41.64%-22.0pp |
| Employer contribution / active EE | $4,640 | $2,047+126.7% | $2,649+75.1% | $2,551+81.9% |
| Participant deferral / active EE | $6,885 | $2,914+136.3% | $4,123+67.0% | $4,139+66.3% |
| Admin fee / account holder | $10,207 | $4,643+119.8% | $5,150+98.2% | $7,234+41.1% |