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 | $74,690 | $65,367+14.3% | $92,915-19.6% | $72,976+2.3% |
| Participation rate | 84.6% | 68.3%+16.3pp | 76.0%+8.6pp | 69.5%+15.1pp |
| Annual return | 23.86% | 42.11%-18.2pp | 109.45%-85.6pp | 81.02%-57.2pp |
| Employer contribution / active EE | $3,395 | $2,594+30.9% | $3,653-7.1% | $2,440+39.1% |
| Participant deferral / active EE | $6,964 | $3,128+122.6% | $4,238+64.3% | $3,608+93.0% |
| Admin fee / account holder | $2,889 | $4,251-32.0% | $5,796-50.2% | $5,124-43.6% |