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 | $98,776+57.4% | $149,745+3.8% | $79,856+94.7% |
| Participation rate | 89.7% | 75.8%+13.9pp | 82.5%+7.2pp | 69.6%+20.0pp |
| Annual return | 18.19% | 27.38%-9.2pp | 276.72%-258.5pp | 31.71%-13.5pp |
| Employer contribution / active EE | $12,951 | $3,217+302.6% | $4,646+178.8% | $2,471+424.1% |
| Participant deferral / active EE | $16,493 | $5,681+190.3% | $6,843+141.0% | $3,741+340.9% |
| Admin fee / account holder | $2,736 | $6,053-54.8% | $9,312-70.6% | $5,306-48.4% |