Filed April 21, 2021
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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 | $120,867 | $106,267+13.7% | $96,520+25.2% | $139,456-13.3% |
| Participation rate | 75.0% | 77.8%-2.8pp | 74.3%+0.7pp | 80.3%-5.3pp |
| Annual return | 19.89% | 38.45%-18.6pp | 35.72%-15.8pp | 373.45%-353.6pp |
| Employer contribution / active EE | $11,737 | $4,105+185.9% | $3,739+213.9% | $4,753+147.0% |
| Participant deferral / active EE | $11,683 | $5,454+114.2% | $4,879+139.5% | $6,711+74.1% |
| Admin fee / account holder | $4,529 | $7,882-42.5% | $6,733-32.7% | $11,407-60.3% |