Filed June 7, 2019
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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 | $52,749 | $88,370-40.3% | $112,977-53.3% | $79,856-33.9% |
| Participation rate | 100.0% | 76.8%+23.2pp | 82.6%+17.4pp | 69.6%+30.4pp |
| Annual return | 22.06% | 23.16%-1.1pp | 24.24%-2.2pp | 31.71%-9.7pp |
| Employer contribution / active EE | $7,307 | $3,398+115.1% | $4,255+71.8% | $2,471+195.7% |
| Participant deferral / active EE | $10,576 | $4,536+133.2% | $5,836+81.2% | $3,741+182.7% |
| Admin fee / account holder | $9,681 | $5,750+68.4% | $6,294+53.8% | $5,306+82.4% |