Filed November 17, 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 | $70,907 | $72,492-2.2% | $87,102-18.6% | $72,983-2.8% |
| Participation rate | 82.1% | 72.8%+9.3pp | 76.9%+5.3pp | 69.5%+12.7pp |
| Annual return | 25.70% | 24.46%+1.2pp | 28.19%-2.5pp | 81.01%-55.3pp |
| Employer contribution / active EE | $719 | $1,894-62.0% | $2,521-71.5% | $2,440-70.5% |
| Participant deferral / active EE | $3,993 | $3,270+22.1% | $4,048-1.4% | $3,608+10.7% |
| Admin fee / account holder | $2,043 | $5,055-59.6% | $7,491-72.7% | $5,124-60.1% |