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 | $78,690+32.1% | $161,489-35.6% | $87,485+18.8% |
| Participation rate | 97.5% | 67.5%+30.0pp | 78.7%+18.8pp | 68.9%+28.5pp |
| Annual return | 15.73% | 32.74%-17.0pp | 89.72%-74.0pp | 26.06%-10.3pp |
| Employer contribution / active EE | $5,951 | $2,588+129.9% | $4,268+39.4% | $2,596+129.2% |
| Participant deferral / active EE | $4,492 | $3,311+35.7% | $5,630-20.2% | $4,274+5.1% |
| Admin fee / account holder | $1,765 | $6,724-73.8% | $16,006-89.0% | $7,775-77.3% |