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 | $91,512 | $81,870+11.8% | $119,634-23.5% | $68,490+33.6% |
| Participation rate | 96.8% | 71.9%+24.9pp | 79.3%+17.5pp | 67.9%+28.9pp |
| Annual return | -3.81% | -23.82%+20.0pp | -14.98%+11.2pp | -7.85%+4.0pp |
| Employer contribution / active EE | $5,861 | $2,692+117.7% | $4,232+38.5% | $2,597+125.7% |
| Participant deferral / active EE | $3,108 | $4,148-25.1% | $5,601-44.5% | $4,028-22.8% |
| Admin fee / account holder | $39,781 | $6,583+504.3% | $10,329+285.1% | $5,403+636.3% |