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 | $54,364 | $88,707-38.7% | $74,184-26.7% | $273,972-80.2% |
| Participation rate | 76.2% | 79.4%-3.3pp | 76.6%-0.4pp | 83.0%-6.8pp |
| Annual return | 8.26% | 11.94%-3.7pp | 17.74%-9.5pp | 41.46%-33.2pp |
| Employer contribution / active EE | $1,785 | $3,159-43.5% | $2,370-24.7% | $4,869-63.3% |
| Participant deferral / active EE | $4,356 | $4,212+3.4% | $3,550+22.7% | $5,287-17.6% |
| Admin fee / account holder | $1,912 | $8,717-78.1% | $5,586-65.8% | $10,133-81.1% |