Filed August 1, 2019
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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 | $58,244 | $105,284-44.7% | $150,734-61.4% | $94,015-38.0% |
| Participation rate | 81.8% | 71.7%+10.1pp | 78.4%+3.4pp | 70.8%+11.0pp |
| Annual return | 15.07% | 15.67%-0.6pp | 600.81%-585.7pp | 17.84%-2.8pp |
| Employer contribution / active EE | $2,211 | $3,599-38.6% | $4,918-55.0% | $2,790-20.8% |
| Participant deferral / active EE | $5,244 | $4,274+22.7% | $5,610-6.5% | $4,249+23.4% |
| Admin fee / account holder | $2,597 | $9,839-73.6% | $14,905-82.6% | $8,951-71.0% |