Filed July 9, 2019
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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 | $232,642 | $65,704+254.1% | $94,229+146.9% | $59,633+290.1% |
| Participation rate | 80.5% | 72.1%+8.4pp | 78.8%+1.7pp | 68.7%+11.8pp |
| Annual return | 0.43% | 5.22%-4.8pp | 10.68%-10.3pp | 2041.45%-2041.0pp |
| Employer contribution / active EE | $2,228 | $2,021+10.3% | $3,587-37.9% | $2,203+1.2% |
| Participant deferral / active EE | $4,651 | $3,143+48.0% | $4,320+7.7% | $3,192+45.7% |
| Admin fee / account holder | $11,144 | $4,265+161.3% | $6,269+77.8% | $4,297+159.3% |