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 | $282,059-42.0% | $213,469-23.4% | $154,746+5.7% |
| Participation rate | 100.0% | 82.7%+17.3pp | 77.1%+22.9pp | 80.7%+19.3pp |
| Annual return | 15.59% | 20.90%-5.3pp | 20.58%-5.0pp | 172.34%-156.7pp |
| Employer contribution / active EE | $23,859 | $6,189+285.5% | $4,994+377.8% | $4,379+444.8% |
| Participant deferral / active EE | $13,338 | $8,186+62.9% | $6,841+95.0% | $6,730+98.2% |
| Admin fee / account holder | $52,808 | $37,435+41.1% | $27,141+94.6% | $14,365+267.6% |