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 | $45,901 | $71,873-36.1% | $86,698-47.1% | $68,490-33.0% |
| Participation rate | 84.5% | 72.2%+12.3pp | 76.6%+7.9pp | 67.9%+16.6pp |
| Annual return | -12.15% | 3.54%-15.7pp | 35.96%-48.1pp | -7.85%-4.3pp |
| Employer contribution / active EE | $2,480 | $2,173+14.1% | $2,837-12.6% | $2,597-4.5% |
| Participant deferral / active EE | $2,955 | $3,779-21.8% | $4,656-36.5% | $4,028-26.6% |
| Admin fee / account holder | $3,412 | $6,110-44.2% | $7,492-54.5% | $5,403-36.9% |