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 | $134,047 | $54,370+146.5% | $82,763+62.0% | $68,490+95.7% |
| Participation rate | 86.2% | 63.9%+22.3pp | 72.6%+13.6pp | 67.9%+18.3pp |
| Annual return | -15.00% | -13.67%-1.3pp | 702.45%-717.4pp | -7.85%-7.1pp |
| Employer contribution / active EE | $4,683 | $2,219+111.0% | $3,008+55.7% | $2,597+80.3% |
| Participant deferral / active EE | $5,811 | $3,247+79.0% | $4,395+32.2% | $4,028+44.3% |
| Admin fee / account holder | $10,065 | $4,398+128.9% | $5,325+89.0% | $5,403+86.3% |