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 | $139,344 | $85,171+63.6% | $172,752-19.3% | $72,975+90.9% |
| Participation rate | 96.4% | 70.1%+26.4pp | 82.6%+13.8pp | 69.5%+26.9pp |
| Annual return | 24.24% | 27.32%-3.1pp | 802.97%-778.7pp | 81.01%-56.8pp |
| Employer contribution / active EE | $6,480 | $3,324+94.9% | $5,144+26.0% | $2,440+165.6% |
| Participant deferral / active EE | $5,813 | $3,260+78.3% | $5,198+11.8% | $3,608+61.1% |
| Admin fee / account holder | $45,121 | $5,880+667.3% | $13,955+223.3% | $5,124+780.6% |