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 | $77,358+80.3% | $102,184+36.5% | $87,485+59.4% |
| Participation rate | 87.9% | 78.7%+9.2pp | 82.6%+5.3pp | 68.9%+18.9pp |
| Annual return | 13.96% | 41.11%-27.1pp | 31.58%-17.6pp | 26.06%-12.1pp |
| Employer contribution / active EE | $4,618 | $2,562+80.2% | $3,594+28.5% | $2,596+77.9% |
| Participant deferral / active EE | $9,459 | $6,753+40.1% | $8,309+13.8% | $4,274+121.3% |
| Admin fee / account holder | $16,612 | $6,809+144.0% | $11,609+43.1% | $7,775+113.7% |