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 | $65,546 | $160,040-59.0% | $147,096-55.4% | $145,877-55.1% |
| Participation rate | 100.0% | 84.0%+16.0pp | 82.2%+17.8pp | 80.3%+19.7pp |
| Annual return | 11.02% | 98.49%-87.5pp | 419.75%-408.7pp | 551.28%-540.3pp |
| Employer contribution / active EE | $1,887 | $5,289-64.3% | $4,936-61.8% | $4,663-59.5% |
| Participant deferral / active EE | $8,172 | $8,429-3.0% | $8,071+1.3% | $6,691+22.1% |
| Admin fee / account holder | $8,754 | $15,050-41.8% | $13,005-32.7% | $13,402-34.7% |