Filed December 11, 2020 (most recent of 2 filings on file)
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,674 | $76,551+30.2% | $123,894-19.5% | $62,881+58.5% |
| Participation rate | 70.6% | 73.0%-2.4pp | 81.4%-10.8pp | 69.3%+1.3pp |
| Annual return | 2.23% | 18.68%-16.4pp | 47.52%-45.3pp | 20.14%-17.9pp |
| Employer contribution / active EE | $5,825 | $2,882+102.1% | $4,617+26.2% | $2,281+155.4% |
| Participant deferral / active EE | $7,469 | $4,840+54.3% | $5,984+24.8% | $3,203+133.2% |
| Admin fee / account holder | $15,963 | $4,826+230.8% | $8,357+91.0% | $4,296+271.6% |