Filed May 11, 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 | $163,567 | $239,571-31.7% | $183,328-10.8% | $137,256+19.2% |
| Participation rate | 100.0% | 82.4%+17.6pp | 77.3%+22.7pp | 80.0%+20.0pp |
| Annual return | 15.59% | 35.69%-20.1pp | 29.67%-14.1pp | 220.34%-204.7pp |
| Employer contribution / active EE | $23,859 | $6,148+288.1% | $5,055+372.0% | $4,156+474.1% |
| Participant deferral / active EE | $13,338 | $7,995+66.8% | $6,795+96.3% | $6,407+108.2% |
| Admin fee / account holder | $52,808 | $30,059+75.7% | $21,427+146.5% | $12,270+330.4% |