Filed November 5, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $601,099 | $105,200+471.4% | $159,474+276.9% | $85,847+600.2% |
| Participation rate | 93.0% | 75.8%+17.2pp | 82.8%+10.2pp | 69.3%+23.7pp |
| Annual return | 13.84% | 45.08%-31.2pp | 263.68%-249.8pp | 318.61%-304.8pp |
| Employer contribution / active EE | $14,126 | $3,319+325.6% | $4,831+192.4% | $2,565+450.6% |
| Participant deferral / active EE | $12,222 | $5,946+105.6% | $7,353+66.2% | $3,952+209.3% |
| Admin fee / account holder | $7,107 | $6,934+2.5% | $10,802-34.2% | $6,261+13.5% |