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 | $116,154 | $78,423+48.1% | $95,964+21.0% | $79,856+45.5% |
| Participation rate | 87.8% | 73.5%+14.3pp | 77.1%+10.7pp | 69.6%+18.2pp |
| Annual return | 15.60% | 19.37%-3.8pp | 91.64%-76.0pp | 31.71%-16.1pp |
| Employer contribution / active EE | $2,868 | $1,945+47.4% | $2,541+12.8% | $2,471+16.0% |
| Participant deferral / active EE | $4,925 | $3,440+43.2% | $4,167+18.2% | $3,741+31.7% |
| Admin fee / account holder | $7,108 | $5,622+26.4% | $6,797+4.6% | $5,306+33.9% |