Filed October 22, 2021
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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 | $130,247 | $101,795+27.9% | $165,100-21.1% | $80,959+60.9% |
| Participation rate | 100.0% | 71.8%+28.2pp | 78.6%+21.4pp | 67.7%+32.3pp |
| Annual return | 15.36% | 16.73%-1.4pp | 70.21%-54.8pp | 35.67%-20.3pp |
| Employer contribution / active EE | $2,761 | $2,954-6.5% | $4,348-36.5% | $2,757+0.1% |
| Participant deferral / active EE | $4,569 | $4,476+2.1% | $6,035-24.3% | $4,300+6.2% |
| Admin fee / account holder | $3,201 | $8,221-61.1% | $12,696-74.8% | $6,925-53.8% |