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 | $23,042 | $64,719-64.4% | $112,249-79.5% | $68,486-66.4% |
| Participation rate | 100.0% | 67.2%+32.8pp | 75.1%+24.9pp | 67.9%+32.1pp |
| Annual return | -14.89% | -11.40%-3.5pp | 27.48%-42.4pp | -7.85%-7.0pp |
| Employer contribution / active EE | $2,961 | $2,747+7.8% | $3,636-18.6% | $2,597+14.0% |
| Participant deferral / active EE | $1,948 | $3,565-45.4% | $4,729-58.8% | $4,028-51.6% |
| Admin fee / account holder | $2,843 | $5,232-45.7% | $6,412-55.7% | $5,404-47.4% |