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 | $57,930 | $90,607-36.1% | $79,467-27.1% | $135,380-57.2% |
| Participation rate | 84.2% | 76.0%+8.2pp | 73.3%+10.9pp | 82.6%+1.6pp |
| Annual return | -6.41% | 977.74%-984.1pp | 718.30%-724.7pp | 519.81%-526.2pp |
| Employer contribution / active EE | $3,345 | $3,068+9.0% | $2,800+19.5% | $4,779-30.0% |
| Participant deferral / active EE | $6,758 | $4,050+66.8% | $3,704+82.4% | $5,609+20.5% |
| Admin fee / account holder | $17,218 | $5,895+192.1% | $5,104+237.3% | $10,828+59.0% |