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 | $118,847 | $85,515+39.0% | $112,040+6.1% | $67,986+74.8% |
| Participation rate | 100.0% | 68.2%+31.8pp | 76.5%+23.5pp | 57.2%+42.8pp |
| Annual return | 19.28% | 29.68%-10.4pp | 24.52%-5.2pp | 31.67%-12.4pp |
| Employer contribution / active EE | $4,299 | $2,191+96.2% | $2,954+45.5% | $2,019+113.0% |
| Participant deferral / active EE | $7,335 | $4,014+82.7% | $5,098+43.9% | $3,358+118.4% |
| Admin fee / account holder | $3,123 | $3,774-17.2% | $12,098-74.2% | $3,203-2.5% |