Filed January 29, 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 | $31,361 | $89,370-64.9% | $141,197-77.8% | $72,976-57.0% |
| Participation rate | 83.7% | 75.1%+8.5pp | 82.5%+1.2pp | 69.5%+14.2pp |
| Annual return | 25.11% | 111.88%-86.8pp | 71.41%-46.3pp | 81.02%-55.9pp |
| Employer contribution / active EE | $2,636 | $3,115-15.4% | $4,736-44.3% | $2,440+8.0% |
| Participant deferral / active EE | $4,249 | $5,419-21.6% | $6,710-36.7% | $3,608+17.8% |
| Admin fee / account holder | $3,525 | $5,957-40.8% | $10,265-65.7% | $5,124-31.2% |