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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $301,764 | $176,120+71.3% | $159,487+89.2% | $167,553+80.1% |
| Participation rate | 100.0% | 85.0%+15.0pp | 82.8%+17.2pp | 82.1%+17.9pp |
| Annual return | 24.24% | 331.95%-307.7pp | 263.71%-239.5pp | 478.89%-454.7pp |
| Employer contribution / active EE | $2,144 | $5,299-59.5% | $4,831-55.6% | $4,840-55.7% |
| Participant deferral / active EE | $6,114 | $7,752-21.1% | $7,354-16.9% | $6,343-3.6% |
| Admin fee / account holder | $7,359 | $12,561-41.4% | $10,804-31.9% | $12,316-40.3% |