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 | $185,312-13.3% | $161,489-0.5% | $154,746+3.9% |
| Participation rate | 90.5% | 82.5%+8.0pp | 78.7%+11.8pp | 80.7%+9.8pp |
| Annual return | 11.36% | 103.84%-92.5pp | 89.72%-78.4pp | 172.34%-161.0pp |
| Employer contribution / active EE | $2,453 | $4,769-48.6% | $4,268-42.5% | $4,379-44.0% |
| Participant deferral / active EE | $4,701 | $6,350-26.0% | $5,630-16.5% | $6,730-30.2% |
| Admin fee / account holder | $23,387 | $18,654+25.4% | $16,006+46.1% | $14,365+62.8% |