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 | $156,398-41.3% | $147,318-37.7% | $138,895-33.9% |
| Participation rate | 100.0% | 83.8%+16.2pp | 82.1%+17.9pp | 79.9%+20.1pp |
| Annual return | 12.83% | 78.75%-65.9pp | 70.43%-57.6pp | 145.39%-132.6pp |
| Employer contribution / active EE | $3,145 | $4,853-35.2% | $4,593-31.5% | $4,194-25.0% |
| Participant deferral / active EE | $8,182 | $8,237-0.7% | $7,906+3.5% | $6,396+27.9% |
| Admin fee / account holder | $1,247 | $14,976-91.7% | $13,708-90.9% | $12,562-90.1% |