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 | $35,226 | $89,370-60.6% | $141,197-75.1% | $72,976-51.7% |
| Participation rate | 89.4% | 75.1%+14.3pp | 82.5%+6.9pp | 69.5%+19.9pp |
| Annual return | 26.55% | 111.88%-85.3pp | 71.41%-44.9pp | 81.02%-54.5pp |
| Employer contribution / active EE | $4,929 | $3,115+58.3% | $4,736+4.1% | $2,440+102.0% |
| Participant deferral / active EE | $5,430 | $5,419+0.2% | $6,710-19.1% | $3,608+50.5% |
| Admin fee / account holder | $304 | $5,957-94.9% | $10,265-97.0% | $5,124-94.1% |