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 | $118,847 | $79,867+48.8% | $120,344-1.2% | $64,340+84.7% |
| Participation rate | 100.0% | 63.0%+37.0pp | 76.7%+23.3pp | 55.2%+44.8pp |
| Annual return | 19.28% | 21.10%-1.8pp | 20.30%-1.0pp | 24.14%-4.9pp |
| Employer contribution / active EE | $4,299 | $1,925+123.4% | $3,020+42.3% | $1,862+130.9% |
| Participant deferral / active EE | $7,335 | $3,593+104.1% | $5,135+42.8% | $2,980+146.1% |
| Admin fee / account holder | $3,123 | $5,039-38.0% | $12,742-75.5% | $3,703-15.6% |