Filed October 11, 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 | $26,034 | $85,766-69.6% | $136,298-80.9% | $70,126-62.9% |
| Participation rate | 81.8% | 74.2%+7.7pp | 81.9%-0.1pp | 69.5%+12.3pp |
| Annual return | 15.07% | 31.46%-16.4pp | 5156.27%-5141.2pp | 73.15%-58.1pp |
| Employer contribution / active EE | $2,029 | $2,966-31.6% | $4,696-56.8% | $2,343-13.4% |
| Participant deferral / active EE | $5,445 | $5,051+7.8% | $6,247-12.8% | $3,332+63.4% |
| Admin fee / account holder | $709 | $5,421-86.9% | $9,244-92.3% | $4,645-84.7% |