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 | $102,978-34.3% | $90,287-25.1% | $152,870-55.8% |
| Participation rate | 85.0% | 75.9%+9.1pp | 73.3%+11.7pp | 82.4%+2.6pp |
| Annual return | 24.07% | 95.17%-71.1pp | 78.10%-54.0pp | 345.34%-321.3pp |
| Employer contribution / active EE | $3,857 | $3,139+22.9% | $2,855+35.1% | $4,763-19.0% |
| Participant deferral / active EE | $6,203 | $4,281+44.9% | $3,885+59.7% | $5,850+6.0% |
| Admin fee / account holder | $6,763 | $6,171+9.6% | $5,351+26.4% | $11,597-41.7% |