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 | $407,956-59.9% | $299,830-45.4% | $198,609-17.6% |
| Participation rate | 100.0% | 83.3%+16.7pp | 78.5%+21.5pp | 82.4%+17.6pp |
| Annual return | 15.59% | 6.66%+8.9pp | 10.58%+5.0pp | 202.70%-187.1pp |
| Employer contribution / active EE | $23,859 | $7,661+211.4% | $5,842+308.4% | $5,055+371.9% |
| Participant deferral / active EE | $13,338 | $8,628+54.6% | $7,038+89.5% | $6,977+91.2% |
| Admin fee / account holder | $52,808 | $73,031-27.7% | $50,982+3.6% | $19,030+177.5% |