Filed January 11, 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 | $203,677 | $88,672+129.7% | $105,223+93.6% | $82,448+147.0% |
| Participation rate | 87.2% | 67.9%+19.3pp | 75.0%+12.1pp | 68.1%+19.1pp |
| Annual return | 16.77% | 30.86%-14.1pp | 180.65%-163.9pp | 41.64%-24.9pp |
| Employer contribution / active EE | $4,836 | $3,048+58.7% | $3,689+31.1% | $2,551+89.6% |
| Participant deferral / active EE | $11,902 | $4,036+194.9% | $5,072+134.7% | $4,139+187.5% |
| Admin fee / account holder | $13,380 | $7,146+87.2% | $8,859+51.0% | $7,234+85.0% |