Filed March 29, 2021
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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 | $56,486 | $166,268-66.0% | $165,100-65.8% | $145,897-61.3% |
| Participation rate | 91.3% | 82.0%+9.3pp | 78.6%+12.7pp | 80.3%+11.0pp |
| Annual return | 8.72% | 100.52%-91.8pp | 70.21%-61.5pp | 552.29%-543.6pp |
| Employer contribution / active EE | $4,175 | $5,284-21.0% | $4,348-4.0% | $4,663-10.5% |
| Participant deferral / active EE | $6,186 | $6,964-11.2% | $6,035+2.5% | $6,689-7.5% |
| Admin fee / account holder | $6,669 | $16,659-60.0% | $12,696-47.5% | $13,390-50.2% |