Filed December 15, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,753 | $83,337-3.1% | $67,834+19.0% | $273,972-70.5% |
| Participation rate | 100.0% | 76.4%+23.6pp | 68.8%+31.2pp | 83.0%+17.0pp |
| Annual return | 1.63% | 259.45%-257.8pp | 138.47%-136.8pp | 41.46%-39.8pp |
| Employer contribution / active EE | $11,789 | $3,287+258.6% | $2,403+390.5% | $4,869+142.1% |
| Participant deferral / active EE | $6,379 | $4,088+56.0% | $3,160+101.9% | $5,287+20.7% |
| Admin fee / account holder | $564 | $6,752-91.7% | $4,622-87.8% | $10,133-94.4% |