Filed July 15, 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 | $21,173 | $58,391-63.7% | $76,667-72.4% | $72,976-71.0% |
| Participation rate | 87.8% | 67.4%+20.4pp | 72.1%+15.7pp | 69.5%+18.3pp |
| Annual return | 25.86% | 2306.65%-2280.8pp | 1166.74%-1140.9pp | 81.02%-55.2pp |
| Employer contribution / active EE | $2,245 | $1,787+25.6% | $2,303-2.5% | $2,440-8.0% |
| Participant deferral / active EE | $4,246 | $2,690+57.8% | $3,336+27.3% | $3,608+17.7% |
| Admin fee / account holder | $1,894 | $4,014-52.8% | $6,423-70.5% | $5,124-63.0% |