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 | $27,458 | $53,546-48.7% | $69,890-60.7% | $68,490-59.9% |
| Participation rate | 75.7% | 64.5%+11.2pp | 70.5%+5.2pp | 67.9%+7.8pp |
| Annual return | -11.83% | -13.87%+2.0pp | 190.84%-202.7pp | -7.85%-4.0pp |
| Employer contribution / active EE | $1,943 | $2,019-3.7% | $2,560-24.1% | $2,597-25.2% |
| Participant deferral / active EE | $3,814 | $2,957+29.0% | $3,848-0.9% | $4,028-5.3% |
| Admin fee / account holder | $7,570 | $4,693+61.3% | $6,267+20.8% | $5,403+40.1% |