Filed August 31, 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 | $91,836 | $154,228-40.5% | $145,433-36.9% | $137,256-33.1% |
| Participation rate | 100.0% | 83.8%+16.2pp | 82.1%+17.9pp | 80.0%+20.0pp |
| Annual return | 12.83% | 74.59%-61.8pp | 66.58%-53.7pp | 220.34%-207.5pp |
| Employer contribution / active EE | $3,145 | $4,804-34.5% | $4,554-31.0% | $4,156-24.3% |
| Participant deferral / active EE | $8,182 | $8,216-0.4% | $7,897+3.6% | $6,407+27.7% |
| Admin fee / account holder | $1,247 | $14,344-91.3% | $13,129-90.5% | $12,270-89.8% |