Filed August 10, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $241,649 | $165,399+46.1% | $149,745+61.4% | $158,982+52.0% |
| Participation rate | 100.0% | 84.6%+15.4pp | 82.5%+17.5pp | 82.0%+18.0pp |
| Annual return | -3.30% | 348.34%-351.6pp | 276.72%-280.0pp | 302.99%-306.3pp |
| Employer contribution / active EE | $2,207 | $5,105-56.8% | $4,646-52.5% | $4,763-53.7% |
| Participant deferral / active EE | $5,446 | $7,183-24.2% | $6,843-20.4% | $5,983-9.0% |
| Admin fee / account holder | $7,197 | $10,811-33.4% | $9,312-22.7% | $11,252-36.0% |