Filed April 5, 2021 (most recent of 5 filings on file)
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,299 | $152,651+7.6% | $105,218+56.2% | $125,389+31.0% |
| Participation rate | 95.2% | 81.5%+13.7pp | 77.2%+18.0pp | 83.2%+12.0pp |
| Annual return | -4.18% | 8.24%-12.4pp | 5.33%-9.5pp | 282.24%-286.4pp |
| Employer contribution / active EE | $4,807 | $4,802+0.1% | $3,255+47.7% | $4,866-1.2% |
| Participant deferral / active EE | $12,712 | $6,660+90.9% | $4,867+161.2% | $5,352+137.5% |
| Admin fee / account holder | $36,345 | $14,248+155.1% | $6,992+419.8% | $9,541+280.9% |