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 | $315,200-48.1% | $238,191-31.3% | $155,188+5.4% |
| Participation rate | 100.0% | 82.6%+17.4pp | 77.1%+22.9pp | 80.8%+19.2pp |
| Annual return | 15.59% | 10.25%+5.3pp | 13.02%+2.6pp | 148.84%-133.2pp |
| Employer contribution / active EE | $23,859 | $6,383+273.8% | $5,082+369.5% | $4,248+461.7% |
| Participant deferral / active EE | $13,338 | $8,044+65.8% | $6,726+98.3% | $6,531+104.2% |
| Admin fee / account holder | $52,808 | $48,031+9.9% | $34,582+52.7% | $14,480+264.7% |