Filed January 25, 2021
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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 | $119,466 | $89,370+33.7% | $141,197-15.4% | $72,976+63.7% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 24.99% | 111.88%-86.9pp | 71.41%-46.4pp | 81.02%-56.0pp |
| Employer contribution / active EE | $11,682 | $3,115+275.0% | $4,736+146.7% | $2,440+378.8% |
| Participant deferral / active EE | $16,639 | $5,419+207.1% | $6,710+148.0% | $3,608+361.2% |
| Admin fee / account holder | $6,475 | $5,957+8.7% | $10,265-36.9% | $5,124+26.4% |