Filed September 8, 2017
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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 | $61,582 | $99,345-38.0% | $84,753-27.3% | $273,972-77.5% |
| Participation rate | 95.0% | 80.7%+14.3pp | 76.6%+18.4pp | 83.0%+12.0pp |
| Annual return | 6.20% | 22.93%-16.7pp | 22.78%-16.6pp | 41.46%-35.3pp |
| Employer contribution / active EE | $2,757 | $4,214-34.6% | $3,574-22.9% | $4,869-43.4% |
| Participant deferral / active EE | $6,240 | $4,270+46.2% | $3,712+68.1% | $5,287+18.0% |
| Admin fee / account holder | $7,543 | $6,645+13.5% | $5,333+41.4% | $10,133-25.6% |