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 | $47,826 | $79,449-39.8% | $189,597-74.8% | $85,851-44.3% |
| Participation rate | 84.4% | 66.0%+18.4pp | 78.4%+5.9pp | 69.3%+15.1pp |
| Annual return | 21.16% | 18.45%+2.7pp | 64.20%-43.0pp | 318.63%-297.5pp |
| Employer contribution / active EE | $2,315 | $2,081+11.3% | $4,412-47.5% | $2,565-9.7% |
| Participant deferral / active EE | $5,725 | $4,051+41.3% | $6,174-7.3% | $3,952+44.9% |
| Admin fee / account holder | $1,173 | $5,377-78.2% | $9,807-88.0% | $6,261-81.3% |