Filed April 22, 2019
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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 | $31,427 | $60,349-47.9% | $74,184-57.6% | $62,881-50.0% |
| Participation rate | 81.8% | 72.7%+9.1pp | 76.6%+5.2pp | 69.3%+12.5pp |
| Annual return | 7.33% | 21.38%-14.0pp | 17.74%-10.4pp | 20.14%-12.8pp |
| Employer contribution / active EE | $2,057 | $1,680+22.4% | $2,370-13.2% | $2,281-9.8% |
| Participant deferral / active EE | $2,222 | $2,856-22.2% | $3,550-37.4% | $3,203-30.6% |
| Admin fee / account holder | $5,465 | $4,261+28.3% | $5,586-2.2% | $4,296+27.2% |