Filed December 7, 2020 (most recent of 2 filings on file)
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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 | $139,464 | $78,520+77.6% | $96,576+44.4% | $82,448+69.2% |
| Participation rate | 87.9% | 77.7%+10.1pp | 81.4%+6.4pp | 68.1%+19.8pp |
| Annual return | 13.96% | 41.30%-27.3pp | 38.47%-24.5pp | 41.64%-27.7pp |
| Employer contribution / active EE | $4,618 | $2,630+75.6% | $3,553+30.0% | $2,551+81.0% |
| Participant deferral / active EE | $9,459 | $6,754+40.0% | $7,956+18.9% | $4,139+128.5% |
| Admin fee / account holder | $16,612 | $13,455+23.5% | $11,381+46.0% | $7,234+129.6% |