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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $115,007 | $98,766+16.4% | $149,730-23.2% | $79,852+44.0% |
| Participation rate | 96.1% | 75.8%+20.3pp | 82.5%+13.6pp | 69.6%+26.4pp |
| Annual return | 25.04% | 27.43%-2.4pp | 276.70%-251.7pp | 31.72%-6.7pp |
| Employer contribution / active EE | $885 | $3,217-72.5% | $4,645-81.0% | $2,471-64.2% |
| Participant deferral / active EE | $7,220 | $5,681+27.1% | $6,843+5.5% | $3,740+93.0% |
| Admin fee / account holder | $3,003 | $6,052-50.4% | $9,310-67.7% | $5,306-43.4% |