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 | $80,982 | $65,395+23.8% | $182,540-55.6% | $72,975+11.0% |
| Participation rate | 100.0% | 65.4%+34.6pp | 78.0%+22.0pp | 69.5%+30.5pp |
| Annual return | 22.25% | 27.68%-5.4pp | 148.58%-126.3pp | 81.01%-58.8pp |
| Employer contribution / active EE | $5,680 | $1,911+197.2% | $4,076+39.4% | $2,440+132.8% |
| Participant deferral / active EE | $4,001 | $3,563+12.3% | $5,525-27.6% | $3,608+10.9% |
| Admin fee / account holder | $6,388 | $4,245+50.5% | $8,593-25.7% | $5,124+24.7% |