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 | $167,160 | $52,678+217.3% | $75,784+120.6% | $59,633+180.3% |
| Participation rate | 95.7% | 67.2%+28.5pp | 75.8%+19.9pp | 68.7%+27.1pp |
| Annual return | 4.61% | 2.95%+1.7pp | 9.68%-5.1pp | 2041.40%-2036.8pp |
| Employer contribution / active EE | $1,297 | $2,193-40.9% | $3,323-61.0% | $2,203-41.1% |
| Participant deferral / active EE | $2,369 | $2,591-8.6% | $3,652-35.1% | $3,192-25.8% |
| Admin fee / account holder | $26,921 | $3,610+645.7% | $5,300+408.0% | $4,297+526.5% |