Filed October 18, 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 | $110,663 | $76,834+44.0% | $108,359+2.1% | $87,485+26.5% |
| Participation rate | 97.9% | 61.7%+36.2pp | 70.1%+27.8pp | 68.9%+29.0pp |
| Annual return | 17.09% | 19.09%-2.0pp | 36.89%-19.8pp | 26.06%-9.0pp |
| Employer contribution / active EE | $3,601 | $1,556+131.4% | $2,399+50.1% | $2,596+38.7% |
| Participant deferral / active EE | $7,135 | $3,100+130.1% | $4,137+72.5% | $4,274+67.0% |
| Admin fee / account holder | $5,383 | $6,537-17.7% | $9,741-44.7% | $7,775-30.8% |