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 | $89,259-34.7% | $107,187-45.7% | $82,637-29.5% |
| Participation rate | 81.8% | 67.9%+13.9pp | 75.0%+6.8pp | 68.1%+13.8pp |
| Annual return | 15.07% | 21.02%-6.0pp | 204.55%-189.5pp | 53.51%-38.4pp |
| Employer contribution / active EE | $2,211 | $3,080-28.2% | $3,782-41.5% | $2,552-13.4% |
| Participant deferral / active EE | $5,244 | $4,037+29.9% | $5,096+2.9% | $4,126+27.1% |
| Admin fee / account holder | $2,597 | $7,381-64.8% | $9,162-71.7% | $7,339-64.6% |