Filed March 29, 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 | $39,437 | $81,504-51.6% | $102,437-61.5% | $80,959-51.3% |
| Participation rate | 94.4% | 66.9%+27.6pp | 74.5%+19.9pp | 67.7%+26.8pp |
| Annual return | 13.28% | 25.60%-12.3pp | 24.95%-11.7pp | 35.67%-22.4pp |
| Employer contribution / active EE | $2,556 | $3,104-17.6% | $3,871-34.0% | $2,757-7.3% |
| Participant deferral / active EE | $2,601 | $3,871-32.8% | $5,060-48.6% | $4,300-39.5% |
| Admin fee / account holder | $3,033 | $6,719-54.9% | $8,388-63.8% | $6,925-56.2% |