Filed October 20, 2020
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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 | $29,444 | $124,330-76.3% | $109,173-73.0% | $167,536-82.4% |
| Participation rate | 75.0% | 79.5%-4.5pp | 75.9%-0.9pp | 82.1%-7.1pp |
| Annual return | 16.32% | 26.04%-9.7pp | 25.75%-9.4pp | 478.82%-462.5pp |
| Employer contribution / active EE | $2,743 | $4,209-34.8% | $3,723-26.3% | $4,839-43.3% |
| Participant deferral / active EE | $5,674 | $5,256+7.9% | $4,654+21.9% | $6,342-10.5% |
| Admin fee / account holder | $425 | $7,974-94.7% | $6,755-93.7% | $12,315-96.5% |