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 | $39,668 | $67,602-41.3% | $82,312-51.8% | $70,126-43.4% |
| Participation rate | 76.0% | 72.8%+3.2pp | 76.9%-0.9pp | 69.5%+6.5pp |
| Annual return | 14.09% | 21.57%-7.5pp | 25.88%-11.8pp | 73.15%-59.1pp |
| Employer contribution / active EE | $2,372 | $1,755+35.1% | $2,428-2.3% | $2,343+1.2% |
| Participant deferral / active EE | $2,401 | $2,987-19.6% | $3,706-35.2% | $3,332-27.9% |
| Admin fee / account holder | $5,533 | $4,512+22.6% | $5,608-1.3% | $4,645+19.1% |