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 | $27,855 | $99,345-72.0% | $84,753-67.1% | $273,972-89.8% |
| Participation rate | 100.0% | 80.7%+19.3pp | 76.6%+23.4pp | 83.0%+17.0pp |
| Annual return | 24.20% | 22.93%+1.3pp | 22.78%+1.4pp | 41.46%-17.3pp |
| Employer contribution / active EE | $13,946 | $4,214+230.9% | $3,574+290.2% | $4,869+186.4% |
| Participant deferral / active EE | $6,332 | $4,270+48.3% | $3,712+70.6% | $5,287+19.8% |
| Admin fee / account holder | $2,788 | $6,645-58.0% | $5,333-47.7% | $10,133-72.5% |