Filed January 15, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,363 | $81,487+10.9% | $102,412-11.8% | $80,935+11.6% |
| Participation rate | 96.3% | 66.8%+29.5pp | 74.5%+21.8pp | 67.7%+28.6pp |
| Annual return | 9.54% | 25.60%-16.1pp | 24.94%-15.4pp | 35.66%-26.1pp |
| Employer contribution / active EE | $2,499 | $3,103-19.5% | $3,870-35.4% | $2,757-9.3% |
| Participant deferral / active EE | $5,829 | $3,871+50.6% | $5,060+15.2% | $4,299+35.6% |
| Admin fee / account holder | $18,935 | $6,717+181.9% | $8,388+125.7% | $6,924+173.4% |