Filed December 16, 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 | $18,680 | $64,729-71.1% | $112,263-83.4% | $68,490-72.7% |
| Participation rate | 91.1% | 67.2%+24.0pp | 75.1%+16.0pp | 67.9%+23.2pp |
| Annual return | 4.18% | -11.40%+15.6pp | 27.49%-23.3pp | -7.85%+12.0pp |
| Employer contribution / active EE | $2,875 | $2,746+4.7% | $3,636-20.9% | $2,597+10.7% |
| Participant deferral / active EE | $3,631 | $3,566+1.8% | $4,729-23.2% | $4,028-9.8% |
| Admin fee / account holder | $347 | $5,222-93.4% | $6,410-94.6% | $5,403-93.6% |