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 | $103,341 | $78,682+31.3% | $109,188-5.4% | $85,851+20.4% |
| Participation rate | 86.5% | 68.3%+18.2pp | 75.9%+10.6pp | 69.3%+17.2pp |
| Annual return | 12.42% | 25.09%-12.7pp | 25.76%-13.3pp | 318.63%-306.2pp |
| Employer contribution / active EE | $3,657 | $2,734+33.8% | $3,723-1.8% | $2,565+42.5% |
| Participant deferral / active EE | $7,688 | $3,468+121.7% | $4,654+65.2% | $3,952+94.5% |
| Admin fee / account holder | $8,544 | $5,470+56.2% | $6,755+26.5% | $6,261+36.5% |