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 | $114,328 | $85,766+33.3% | $136,298-16.1% | $70,126+63.0% |
| Participation rate | 81.8% | 74.2%+7.7pp | 81.9%-0.1pp | 69.5%+12.3pp |
| Annual return | 7.05% | 31.46%-24.4pp | 5156.27%-5149.2pp | 73.15%-66.1pp |
| Employer contribution / active EE | $6,489 | $2,966+118.8% | $4,696+38.2% | $2,343+177.0% |
| Participant deferral / active EE | $7,807 | $5,051+54.6% | $6,247+25.0% | $3,332+134.3% |
| Admin fee / account holder | $2,016 | $5,421-62.8% | $9,244-78.2% | $4,645-56.6% |