Filed June 24, 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 | $63,807 | $90,486-29.5% | $78,676-18.9% | $273,972-76.7% |
| Participation rate | 100.0% | 76.5%+23.5pp | 73.6%+26.4pp | 83.0%+17.0pp |
| Annual return | 5.78% | 75.62%-69.8pp | 62.19%-56.4pp | 41.46%-35.7pp |
| Employer contribution / active EE | $10,575 | $3,175+233.1% | $2,850+271.1% | $4,869+117.2% |
| Participant deferral / active EE | $5,716 | $3,901+46.5% | $3,517+62.5% | $5,287+8.1% |
| Admin fee / account holder | $12,966 | $5,263+146.3% | $4,510+187.5% | $10,133+28.0% |