Filed October 27, 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 | $32,369 | $54,355-40.4% | $82,744-60.9% | $68,486-52.7% |
| Participation rate | 88.9% | 63.9%+25.0pp | 72.6%+16.3pp | 67.9%+21.0pp |
| Annual return | 0.00% | -13.67%+13.7pp | 702.22%-702.2pp | -7.85%+7.9pp |
| Employer contribution / active EE | $7,022 | $2,219+216.5% | $3,008+133.4% | $2,597+170.4% |
| Participant deferral / active EE | $10,883 | $3,246+235.2% | $4,395+147.7% | $4,028+170.2% |
| Admin fee / account holder | $911 | $4,397-79.3% | $5,325-82.9% | $5,404-83.2% |