Filed August 13, 2019
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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 | $63,326 | $117,846-46.3% | $102,434-38.2% | $145,884-56.6% |
| Participation rate | 94.7% | 78.6%+16.1pp | 76.5%+18.2pp | 80.3%+14.4pp |
| Annual return | 12.17% | 31.90%-19.7pp | 29.46%-17.3pp | 551.85%-539.7pp |
| Employer contribution / active EE | $2,996 | $3,615-17.1% | $3,023-0.9% | $4,662-35.7% |
| Participant deferral / active EE | $6,652 | $5,733+16.0% | $5,055+31.6% | $6,690-0.6% |
| Admin fee / account holder | $21,654 | $13,356+62.1% | $9,462+128.8% | $13,392+61.7% |