Filed March 15, 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 | $160,746 | $172,111-6.6% | $150,298+7.0% | $137,256+17.1% |
| Participation rate | 90.5% | 81.7%+8.8pp | 77.8%+12.7pp | 80.0%+10.5pp |
| Annual return | 11.36% | 69.37%-58.0pp | 62.79%-51.4pp | 220.34%-209.0pp |
| Employer contribution / active EE | $2,453 | $4,636-47.1% | $4,154-40.9% | $4,156-41.0% |
| Participant deferral / active EE | $4,701 | $6,166-23.8% | $5,453-13.8% | $6,407-26.6% |
| Admin fee / account holder | $23,387 | $16,471+42.0% | $14,116+65.7% | $12,270+90.6% |