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 | $67,612 | $103,038-34.4% | $90,324-25.1% | $152,909-55.8% |
| Participation rate | 85.0% | 75.9%+9.1pp | 73.3%+11.7pp | 82.5%+2.5pp |
| Annual return | 24.07% | 95.25%-71.2pp | 78.15%-54.1pp | 345.46%-321.4pp |
| Employer contribution / active EE | $3,857 | $3,141+22.8% | $2,856+35.1% | $4,764-19.0% |
| Participant deferral / active EE | $6,203 | $4,282+44.9% | $3,885+59.6% | $5,851+6.0% |
| Admin fee / account holder | $6,763 | $6,177+9.5% | $5,356+26.3% | $11,601-41.7% |