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 | $56,175 | $81,487-31.1% | $102,412-45.1% | $80,935-30.6% |
| Participation rate | 84.0% | 66.8%+17.2pp | 74.5%+9.5pp | 67.7%+16.3pp |
| Annual return | 18.11% | 25.60%-7.5pp | 24.94%-6.8pp | 35.66%-17.6pp |
| Employer contribution / active EE | $1,499 | $3,103-51.7% | $3,870-61.3% | $2,757-45.6% |
| Participant deferral / active EE | $6,341 | $3,871+63.8% | $5,060+25.3% | $4,299+47.5% |
| Admin fee / account holder | $1,140 | $6,717-83.0% | $8,388-86.4% | $6,924-83.5% |