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 | $110,427 | $86,298+28.0% | $111,308-0.8% | $85,847+28.6% |
| Participation rate | 91.5% | 73.3%+18.2pp | 77.3%+14.2pp | 69.3%+22.2pp |
| Annual return | 16.61% | 19.99%-3.4pp | 54.67%-38.1pp | 318.61%-302.0pp |
| Employer contribution / active EE | $3,181 | $2,044+55.7% | $2,732+16.4% | $2,565+24.0% |
| Participant deferral / active EE | $4,859 | $3,641+33.4% | $4,487+8.3% | $3,952+22.9% |
| Admin fee / account holder | $14,657 | $8,189+79.0% | $7,965+84.0% | $6,261+134.1% |