Filed January 8, 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 | $13,917 | $75,959-81.7% | $154,114-91.0% | $64,181-78.3% |
| Participation rate | 73.2% | 70.4%+2.8pp | 83.0%-9.9pp | 69.6%+3.6pp |
| Annual return | -7.87% | 30.32%-38.2pp | 735.16%-743.0pp | 7.63%-15.5pp |
| Employer contribution / active EE | $483 | $3,350-85.6% | $5,298-90.9% | $2,381-79.7% |
| Participant deferral / active EE | $1,451 | $3,175-54.3% | $5,081-71.4% | $3,470-58.2% |
| Admin fee / account holder | $587 | $5,589-89.5% | $13,411-95.6% | $4,887-88.0% |