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 | $39,180 | $85,171-54.0% | $172,752-77.3% | $72,975-46.3% |
| Participation rate | 95.2% | 70.1%+25.2pp | 82.6%+12.6pp | 69.5%+25.7pp |
| Annual return | 19.31% | 27.32%-8.0pp | 802.97%-783.7pp | 81.01%-61.7pp |
| Employer contribution / active EE | $1,868 | $3,324-43.8% | $5,144-63.7% | $2,440-23.4% |
| Participant deferral / active EE | $3,664 | $3,260+12.4% | $5,198-29.5% | $3,608+1.6% |
| Admin fee / account holder | $5,774 | $5,880-1.8% | $13,955-58.6% | $5,124+12.7% |