Filed November 6, 2020
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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 | $172,416 | $77,962+121.2% | $178,540-3.4% | $80,935+113.0% |
| Participation rate | 90.0% | 65.7%+24.3pp | 77.1%+12.9pp | 67.7%+22.3pp |
| Annual return | 11.33% | 18.10%-6.8pp | 27.15%-15.8pp | 35.66%-24.3pp |
| Employer contribution / active EE | $2,677 | $2,280+17.4% | $3,953-32.3% | $2,757-2.9% |
| Participant deferral / active EE | $14,466 | $4,404+228.5% | $6,281+130.3% | $4,299+236.5% |
| Admin fee / account holder | $25,555 | $7,156+257.1% | $10,424+145.2% | $6,924+269.1% |