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 | $169,896 | $105,210+61.5% | $159,487+6.5% | $85,851+97.9% |
| Participation rate | 87.1% | 75.8%+11.3pp | 82.8%+4.3pp | 69.3%+17.8pp |
| Annual return | 14.71% | 45.08%-30.4pp | 263.71%-249.0pp | 318.63%-303.9pp |
| Employer contribution / active EE | $11,026 | $3,319+232.2% | $4,831+128.2% | $2,565+329.8% |
| Participant deferral / active EE | $17,059 | $5,946+186.9% | $7,354+132.0% | $3,952+331.6% |
| Admin fee / account holder | $24,668 | $6,934+255.7% | $10,804+128.3% | $6,261+294.0% |