Filed February 25, 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 | $81,470 | $78,013+4.4% | $178,449-54.3% | $80,911+0.7% |
| Participation rate | 83.9% | 65.7%+18.2pp | 77.1%+6.8pp | 67.6%+16.2pp |
| Annual return | 15.22% | 18.07%-2.8pp | 27.09%-11.9pp | 35.63%-20.4pp |
| Employer contribution / active EE | $3,066 | $2,287+34.1% | $3,951-22.4% | $2,756+11.3% |
| Participant deferral / active EE | $8,543 | $4,408+93.8% | $6,277+36.1% | $4,297+98.8% |
| Admin fee / account holder | $832 | $7,166-88.4% | $10,362-92.0% | $6,935-88.0% |