Filed October 26, 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 | $37,573 | $131,835-71.5% | $108,582-65.4% | $273,972-86.3% |
| Participation rate | 100.0% | 83.5%+16.5pp | 79.6%+20.4pp | 83.0%+17.0pp |
| Annual return | 5.94% | -91.57%+97.5pp | -51.70%+57.6pp | 41.46%-35.5pp |
| Employer contribution / active EE | $2,944 | $4,913-40.1% | $3,758-21.7% | $4,869-39.5% |
| Participant deferral / active EE | $2,699 | $5,127-47.4% | $4,311-37.4% | $5,287-49.0% |
| Admin fee / account holder | $2,386 | $10,253-76.7% | $7,645-68.8% | $10,133-76.5% |