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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $142,366 | $108,825+30.8% | $156,181-8.8% | $82,448+72.7% |
| Participation rate | 97.4% | 72.4%+25.0pp | 78.8%+18.5pp | 68.1%+29.3pp |
| Annual return | 10.93% | 20.59%-9.7pp | 64.87%-53.9pp | 41.64%-30.7pp |
| Employer contribution / active EE | $2,686 | $2,870-6.4% | $4,294-37.5% | $2,551+5.3% |
| Participant deferral / active EE | $4,496 | $4,577-1.8% | $6,132-26.7% | $4,139+8.6% |
| Admin fee / account holder | $5,792 | $9,341-38.0% | $14,586-60.3% | $7,234-19.9% |