Filed December 4, 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 | $30,010 | $102,382-70.7% | $147,005-79.6% | $80,874-62.9% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.2%+17.8pp | 67.6%+32.4pp |
| Annual return | 13.94% | 134.89%-121.0pp | 418.76%-404.8pp | 35.62%-21.7pp |
| Employer contribution / active EE | $6,569 | $3,715+76.8% | $4,934+33.1% | $2,756+138.4% |
| Participant deferral / active EE | $8,306 | $6,646+25.0% | $8,070+2.9% | $4,297+93.3% |
| Admin fee / account holder | $3,762 | $7,942-52.6% | $13,006-71.1% | $6,935-45.8% |