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 | $96,731-39.8% | $123,973-53.0% | $86,983-33.0% |
| Participation rate | 81.8% | 70.0%+11.8pp | 76.7%+5.2pp | 69.5%+12.3pp |
| Annual return | 15.07% | 17.33%-2.3pp | 388.13%-373.1pp | 25.83%-10.8pp |
| Employer contribution / active EE | $2,211 | $3,297-32.9% | $4,126-46.4% | $2,584-14.5% |
| Participant deferral / active EE | $5,244 | $4,152+26.3% | $5,247-0.1% | $4,194+25.0% |
| Admin fee / account holder | $2,597 | $8,722-70.2% | $11,799-78.0% | $7,856-66.9% |