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 | $78,015+4.4% | $178,505-54.4% | $80,959+0.6% |
| Participation rate | 83.9% | 65.7%+18.2pp | 77.1%+6.8pp | 67.7%+16.2pp |
| Annual return | 15.22% | 18.10%-2.9pp | 27.16%-11.9pp | 35.67%-20.5pp |
| Employer contribution / active EE | $3,066 | $2,281+34.4% | $3,955-22.5% | $2,757+11.2% |
| Participant deferral / active EE | $8,543 | $4,406+93.9% | $6,280+36.0% | $4,300+98.6% |
| Admin fee / account holder | $832 | $7,160-88.4% | $10,428-92.0% | $6,925-88.0% |