Filed December 7, 2020
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,125 | $89,364-12.6% | $141,177-44.7% | $72,983+7.0% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 25.74% | 111.86%-86.1pp | 71.40%-45.7pp | 81.01%-55.3pp |
| Employer contribution / active EE | $2,329 | $3,115-25.2% | $4,736-50.8% | $2,440-4.5% |
| Participant deferral / active EE | $6,726 | $5,419+24.1% | $6,710+0.2% | $3,608+86.5% |
| Admin fee / account holder | $1,454 | $5,959-75.6% | $10,263-85.8% | $5,124-71.6% |