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 | $62,398 | $96,691-35.5% | $86,656-28.0% | $139,487-55.3% |
| Participation rate | 75.0% | 74.4%+0.6pp | 71.7%+3.3pp | 80.3%-5.3pp |
| Annual return | 16.83% | 106.87%-90.0pp | 593.09%-576.3pp | 373.84%-357.0pp |
| Employer contribution / active EE | $4,550 | $3,267+39.3% | $3,025+50.4% | $4,755-4.3% |
| Participant deferral / active EE | $6,586 | $4,838+36.1% | $4,439+48.4% | $6,713-1.9% |
| Admin fee / account holder | $15,071 | $6,414+135.0% | $5,619+168.2% | $11,407+32.1% |