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 | $166,020-66.0% | $164,866-65.7% | $145,959-61.3% |
| Participation rate | 91.3% | 82.0%+9.3pp | 78.6%+12.7pp | 80.3%+11.0pp |
| Annual return | 8.72% | 100.08%-91.4pp | 69.97%-61.2pp | 561.95%-553.2pp |
| Employer contribution / active EE | $4,175 | $5,275-20.9% | $4,343-3.9% | $4,661-10.4% |
| Participant deferral / active EE | $6,186 | $6,961-11.1% | $6,033+2.5% | $6,689-7.5% |
| Admin fee / account holder | $6,669 | $16,644-59.9% | $12,689-47.4% | $13,398-50.2% |