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 | $100,883 | $60,349+67.2% | $74,184+36.0% | $62,881+60.4% |
| Participation rate | 94.9% | 72.7%+22.2pp | 76.6%+18.3pp | 69.3%+25.6pp |
| Annual return | 4.98% | 21.38%-16.4pp | 17.74%-12.8pp | 20.14%-15.2pp |
| Employer contribution / active EE | $3,517 | $1,680+109.3% | $2,370+48.4% | $2,281+54.2% |
| Participant deferral / active EE | $5,463 | $2,856+91.2% | $3,550+53.9% | $3,203+70.5% |
| Admin fee / account holder | $18,705 | $4,261+339.0% | $5,586+234.9% | $4,296+335.4% |