Filed November 12, 2020
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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 | $25,673 | $75,832-66.1% | $147,617-82.6% | $59,633-56.9% |
| Participation rate | 93.3% | 71.6%+21.7pp | 84.6%+8.6pp | 68.7%+24.6pp |
| Annual return | 2.09% | 0.37%+1.7pp | 61.98%-59.9pp | 2041.45%-2039.4pp |
| Employer contribution / active EE | $1,586 | $3,485-54.5% | $5,564-71.5% | $2,203-28.0% |
| Participant deferral / active EE | $3,724 | $3,131+19.0% | $4,895-23.9% | $3,192+16.7% |
| Admin fee / account holder | $4,459 | $5,986-25.5% | $11,612-61.6% | $4,297+3.8% |