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 | $191,615 | $63,346+202.5% | $92,239+107.7% | $70,124+173.3% |
| Participation rate | 100.0% | 68.7%+31.3pp | 76.5%+23.5pp | 69.5%+30.5pp |
| Annual return | 13.61% | 530.19%-516.6pp | 176.29%-162.7pp | 73.14%-59.5pp |
| Employer contribution / active EE | $5,954 | $2,471+140.9% | $3,680+61.8% | $2,342+154.2% |
| Participant deferral / active EE | $3,212 | $2,854+12.5% | $3,897-17.6% | $3,332-3.6% |
| Admin fee / account holder | $4,318 | $3,841+12.4% | $5,194-16.9% | $4,645-7.0% |