Filed November 17, 2021
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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 | $83,854 | $49,177+70.5% | $79,467+5.5% | $64,173+30.7% |
| Participation rate | 91.4% | 65.0%+26.4pp | 73.3%+18.1pp | 69.6%+21.9pp |
| Annual return | -2.96% | -1.16%-1.8pp | 718.30%-721.3pp | 7.63%-10.6pp |
| Employer contribution / active EE | $3,945 | $2,076+90.0% | $2,800+40.9% | $2,381+65.7% |
| Participant deferral / active EE | $4,204 | $2,821+49.0% | $3,704+13.5% | $3,470+21.2% |
| Admin fee / account holder | $15,374 | $3,839+300.5% | $5,104+201.2% | $4,887+214.6% |