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 | $155,494 | $98,760+57.4% | $149,710+3.9% | $79,860+94.7% |
| Participation rate | 89.7% | 75.8%+13.9pp | 82.5%+7.2pp | 69.6%+20.0pp |
| Annual return | 18.19% | 27.43%-9.2pp | 276.63%-258.4pp | 31.72%-13.5pp |
| Employer contribution / active EE | $12,951 | $3,217+302.6% | $4,645+178.8% | $2,471+424.1% |
| Participant deferral / active EE | $16,493 | $5,681+190.3% | $6,842+141.1% | $3,740+341.0% |
| Admin fee / account holder | $2,736 | $6,053-54.8% | $9,309-70.6% | $5,306-48.4% |