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 | $88,832 | $62,583+41.9% | $76,767+15.7% | $64,173+38.4% |
| Participation rate | 98.4% | 72.8%+25.6pp | 77.0%+21.4pp | 69.6%+28.8pp |
| Annual return | -5.19% | -1.95%-3.2pp | 2.43%-7.6pp | 7.63%-12.8pp |
| Employer contribution / active EE | $2,819 | $1,832+53.8% | $2,485+13.4% | $2,381+18.4% |
| Participant deferral / active EE | $4,861 | $3,145+54.6% | $3,852+26.2% | $3,470+40.1% |
| Admin fee / account holder | $21,071 | $4,667+351.5% | $6,675+215.6% | $4,887+331.1% |