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 | $78,027+22.8% | $178,528-46.3% | $80,925+18.4% |
| Participation rate | 98.5% | 65.7%+32.8pp | 77.1%+21.4pp | 67.7%+30.8pp |
| Annual return | 18.17% | 18.09%+0.1pp | 27.11%-8.9pp | 35.65%-17.5pp |
| Employer contribution / active EE | $4,188 | $2,281+83.6% | $3,950+6.0% | $2,756+51.9% |
| Participant deferral / active EE | $5,786 | $4,408+31.3% | $6,278-7.8% | $4,299+34.6% |
| Admin fee / account holder | $3,429 | $7,168-52.2% | $10,419-67.1% | $6,940-50.6% |