Filed July 2, 2019
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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 | $104,531 | $61,125+71.0% | $94,057+11.1% | $87,485+19.5% |
| Participation rate | 87.1% | 64.1%+23.0pp | 73.3%+13.8pp | 68.9%+18.2pp |
| Annual return | 17.34% | 35.20%-17.9pp | 480.62%-463.3pp | 26.06%-8.7pp |
| Employer contribution / active EE | $6,455 | $2,136+202.1% | $2,933+120.1% | $2,596+148.6% |
| Participant deferral / active EE | $12,985 | $3,260+298.3% | $4,709+175.7% | $4,274+203.8% |
| Admin fee / account holder | $8,953 | $5,629+59.1% | $7,244+23.6% | $7,775+15.2% |