Filed January 24, 2020
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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 | $209,921 | $81,487+157.6% | $102,412+105.0% | $80,935+159.4% |
| Participation rate | 100.0% | 66.8%+33.2pp | 74.5%+25.5pp | 67.7%+32.3pp |
| Annual return | 11.95% | 25.60%-13.6pp | 24.94%-13.0pp | 35.66%-23.7pp |
| Employer contribution / active EE | $2,774 | $3,103-10.6% | $3,870-28.3% | $2,757+0.6% |
| Participant deferral / active EE | $4,483 | $3,871+15.8% | $5,060-11.4% | $4,299+4.3% |
| Admin fee / account holder | $8,798 | $6,717+31.0% | $8,388+4.9% | $6,924+27.1% |