Filed October 6, 2020
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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 | $144,959 | $211,239-31.4% | $178,528-18.8% | $145,877-0.6% |
| Participation rate | 100.0% | 80.8%+19.2pp | 77.1%+22.9pp | 80.3%+19.7pp |
| Annual return | 13.37% | 30.22%-16.9pp | 27.11%-13.7pp | 551.28%-537.9pp |
| Employer contribution / active EE | $15,750 | $4,570+244.6% | $3,950+298.7% | $4,663+237.8% |
| Participant deferral / active EE | $0 | $6,963-100.0% | $6,278-100.0% | $6,691-100.0% |
| Admin fee / account holder | $51,458 | $12,095+325.5% | $10,419+393.9% | $13,402+284.0% |