Filed January 20, 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 | $164,685 | $102,429+60.8% | $147,096+12.0% | $80,925+103.5% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 21.03% | 135.02%-114.0pp | 419.75%-398.7pp | 35.65%-14.6pp |
| Employer contribution / active EE | $7,848 | $3,716+111.2% | $4,936+59.0% | $2,756+184.7% |
| Participant deferral / active EE | $12,602 | $6,649+89.5% | $8,071+56.1% | $4,299+193.2% |
| Admin fee / account holder | $1,871 | $7,957-76.5% | $13,005-85.6% | $6,940-73.0% |