Filed March 6, 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 | $80,900 | $138,312-41.5% | $122,979-34.2% | $155,188-47.9% |
| Participation rate | 100.0% | 80.2%+19.8pp | 77.2%+22.8pp | 80.8%+19.2pp |
| Annual return | 12.68% | 22.06%-9.4pp | 20.12%-7.4pp | 148.84%-136.2pp |
| Employer contribution / active EE | $0 | $3,530-100.0% | $3,062-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $3,315 | $5,592-40.7% | $5,003-33.7% | $6,531-49.2% |
| Admin fee / account holder | $2,032 | $15,089-86.5% | $12,864-84.2% | $14,480-86.0% |