Filed February 5, 2020
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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 | $219,453 | $117,895+86.1% | $102,460+114.2% | $145,897+50.4% |
| Participation rate | 70.0% | 78.6%-8.6pp | 76.5%-6.5pp | 80.3%-10.3pp |
| Annual return | 17.78% | 31.92%-14.1pp | 29.47%-11.7pp | 552.29%-534.5pp |
| Employer contribution / active EE | $1,847 | $3,619-49.0% | $3,025-38.9% | $4,663-60.4% |
| Participant deferral / active EE | $3,022 | $5,736-47.3% | $5,056-40.2% | $6,689-54.8% |
| Admin fee / account holder | $9,696 | $13,353-27.4% | $9,460+2.5% | $13,390-27.6% |