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 | $91,286 | $91,559-0.3% | $133,978-31.9% | $79,856+14.3% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.6%+30.4pp |
| Annual return | -2.79% | 61.85%-64.6pp | 45.10%-47.9pp | 31.71%-34.5pp |
| Employer contribution / active EE | $5,868 | $2,384+146.2% | $3,919+49.7% | $2,471+137.5% |
| Participant deferral / active EE | $3,170 | $3,734-15.1% | $5,047-37.2% | $3,741-15.2% |
| Admin fee / account holder | $28,108 | $6,321+344.7% | $8,930+214.8% | $5,306+429.7% |