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 | $100,718 | $77,908+29.3% | $149,696-32.7% | $75,173+34.0% |
| Participation rate | 78.0% | 65.6%+12.4pp | 78.8%-0.8pp | 67.2%+10.8pp |
| Annual return | 21.73% | 31.73%-10.0pp | 134.46%-112.7pp | 160.72%-139.0pp |
| Employer contribution / active EE | $1,556 | $3,138-50.4% | $4,821-67.7% | $2,671-41.7% |
| Participant deferral / active EE | $4,402 | $3,411+29.0% | $5,682-22.5% | $4,126+6.7% |
| Admin fee / account holder | $4,397 | $5,950-26.1% | $13,212-66.7% | $5,651-22.2% |