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 | $48,082 | $86,938-44.7% | $102,423-53.1% | $80,925-40.6% |
| Participation rate | 89.2% | 72.4%+16.9pp | 76.5%+12.7pp | 67.7%+21.6pp |
| Annual return | 10.62% | 18.89%-8.3pp | 29.42%-18.8pp | 35.65%-25.0pp |
| Employer contribution / active EE | $0 | $2,369-100.0% | $3,023-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $3,254 | $4,120-21.0% | $5,054-35.6% | $4,299-24.3% |
| Admin fee / account holder | $14,244 | $8,053+76.9% | $9,455+50.7% | $6,940+105.2% |