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 | $64,706-71.1% | $112,244-83.4% | $68,498-72.7% |
| Participation rate | 91.1% | 67.1%+24.0pp | 75.1%+16.1pp | 67.9%+23.2pp |
| Annual return | 4.18% | -11.40%+15.6pp | 27.46%-23.3pp | -7.84%+12.0pp |
| Employer contribution / active EE | $2,875 | $2,746+4.7% | $3,635-20.9% | $2,596+10.7% |
| Participant deferral / active EE | $3,631 | $3,565+1.9% | $4,728-23.2% | $4,027-9.8% |
| Admin fee / account holder | $347 | $5,231-93.4% | $6,411-94.6% | $5,403-93.6% |