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 | $148,506 | $81,504+82.2% | $102,437+45.0% | $80,959+83.4% |
| Participation rate | 95.1% | 66.9%+28.3pp | 74.5%+20.6pp | 67.7%+27.5pp |
| Annual return | 13.55% | 25.60%-12.0pp | 24.95%-11.4pp | 35.67%-22.1pp |
| Employer contribution / active EE | $4,587 | $3,104+47.8% | $3,871+18.5% | $2,757+66.4% |
| Participant deferral / active EE | $11,553 | $3,871+198.5% | $5,060+128.3% | $4,300+168.7% |
| Admin fee / account holder | $2,265 | $6,719-66.3% | $8,388-73.0% | $6,925-67.3% |