Filed November 25, 2020
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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 | $97,346 | $79,223+22.9% | $102,460-5.0% | $74,478+30.7% |
| Participation rate | 99.0% | 74.8%+24.3pp | 76.5%+22.5pp | 67.2%+31.8pp |
| Annual return | 11.75% | 54.98%-43.2pp | 29.47%-17.7pp | 1370.56%-1358.8pp |
| Employer contribution / active EE | $4,565 | $2,363+93.2% | $3,025+50.9% | $2,626+73.8% |
| Participant deferral / active EE | $6,897 | $4,417+56.1% | $5,056+36.4% | $4,350+58.5% |
| Admin fee / account holder | $2,595 | $2,003+29.6% | $9,460-72.6% | $1,946+33.4% |