Filed June 22, 2021
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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 | $103,933 | $86,050+20.8% | $189,758-45.2% | $94,015+10.6% |
| Participation rate | 97.5% | 68.9%+28.6pp | 79.8%+17.7pp | 70.8%+26.6pp |
| Annual return | 15.73% | 17.77%-2.0pp | 52.62%-36.9pp | 17.84%-2.1pp |
| Employer contribution / active EE | $5,951 | $2,819+111.1% | $4,767+24.9% | $2,790+113.3% |
| Participant deferral / active EE | $4,492 | $3,349+34.1% | $5,856-23.3% | $4,249+5.7% |
| Admin fee / account holder | $1,765 | $6,627-73.4% | $20,388-91.3% | $8,951-80.3% |