Filed February 19, 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 | $95,839 | $77,962+22.9% | $178,540-46.3% | $80,935+18.4% |
| Participation rate | 98.5% | 65.7%+32.8pp | 77.1%+21.4pp | 67.7%+30.8pp |
| Annual return | 18.17% | 18.10%+0.1pp | 27.15%-9.0pp | 35.66%-17.5pp |
| Employer contribution / active EE | $4,188 | $2,280+83.6% | $3,953+5.9% | $2,757+51.9% |
| Participant deferral / active EE | $5,786 | $4,404+31.4% | $6,281-7.9% | $4,299+34.6% |
| Admin fee / account holder | $3,429 | $7,156-52.1% | $10,424-67.1% | $6,924-50.5% |