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 | $116,617 | $67,602+72.5% | $82,312+41.7% | $70,126+66.3% |
| Participation rate | 93.0% | 72.8%+20.2pp | 76.9%+16.1pp | 69.5%+23.4pp |
| Annual return | 15.04% | 21.57%-6.5pp | 25.88%-10.8pp | 73.15%-58.1pp |
| Employer contribution / active EE | $3,250 | $1,755+85.2% | $2,428+33.8% | $2,343+38.8% |
| Participant deferral / active EE | $4,950 | $2,987+65.7% | $3,706+33.6% | $3,332+48.6% |
| Admin fee / account holder | $5,978 | $4,512+32.5% | $5,608+6.6% | $4,645+28.7% |