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 | $73,012 | $100,938-27.7% | $90,461-19.3% | $158,982-54.1% |
| Participation rate | 85.7% | 75.0%+10.7pp | 72.7%+13.0pp | 82.0%+3.7pp |
| Annual return | 14.84% | 1727.20%-1712.4pp | 1294.76%-1279.9pp | 302.99%-288.1pp |
| Employer contribution / active EE | $3,686 | $3,691-0.1% | $3,264+12.9% | $4,763-22.6% |
| Participant deferral / active EE | $6,868 | $4,350+57.9% | $3,964+73.2% | $5,983+14.8% |
| Admin fee / account holder | $10,643 | $6,510+63.5% | $5,617+89.5% | $11,252-5.4% |