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 | $93,345+118.2% | $119,126+71.0% | $87,485+132.8% |
| Participation rate | 87.2% | 68.7%+18.4pp | 75.8%+11.4pp | 68.9%+18.2pp |
| Annual return | 16.77% | 19.08%-2.3pp | 282.11%-265.3pp | 26.06%-9.3pp |
| Employer contribution / active EE | $4,836 | $3,172+52.5% | $4,034+19.9% | $2,596+86.3% |
| Participant deferral / active EE | $11,902 | $4,099+190.4% | $5,318+123.8% | $4,274+178.5% |
| Admin fee / account holder | $13,380 | $8,039+66.4% | $10,693+25.1% | $7,775+72.1% |