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 | $102,385+60.8% | $147,080+12.0% | $80,935+103.5% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 21.03% | 135.09%-114.1pp | 420.17%-399.1pp | 35.66%-14.6pp |
| Employer contribution / active EE | $7,848 | $3,717+111.2% | $4,933+59.1% | $2,757+184.7% |
| Participant deferral / active EE | $12,602 | $6,651+89.5% | $8,066+56.2% | $4,299+193.1% |
| Admin fee / account holder | $1,871 | $7,951-76.5% | $12,989-85.6% | $6,924-73.0% |