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 | $97,346 | $79,181+22.9% | $102,423-5.0% | $74,429+30.8% |
| Participation rate | 99.0% | 74.8%+24.3pp | 76.5%+22.5pp | 67.2%+31.8pp |
| Annual return | 11.75% | 54.97%-43.2pp | 29.42%-17.7pp | 1368.38%-1356.6pp |
| Employer contribution / active EE | $4,565 | $2,362+93.3% | $3,023+51.0% | $2,625+73.9% |
| Participant deferral / active EE | $6,897 | $4,416+56.2% | $5,054+36.5% | $4,348+58.6% |
| Admin fee / account holder | $2,595 | $2,002+29.7% | $9,455-72.5% | $1,944+33.5% |