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 | $51,086 | $69,012-26.0% | $160,037-68.1% | $68,490-25.4% |
| Participation rate | 83.3% | 65.4%+17.9pp | 78.0%+5.3pp | 67.9%+15.4pp |
| Annual return | -18.52% | -9.65%-8.9pp | 408.95%-427.5pp | -7.85%-10.7pp |
| Employer contribution / active EE | $2,932 | $2,212+32.5% | $4,226-30.6% | $2,597+12.9% |
| Participant deferral / active EE | $7,121 | $4,212+69.1% | $6,184+15.2% | $4,028+76.8% |
| Admin fee / account holder | $1,991 | $4,798-58.5% | $8,716-77.2% | $5,403-63.2% |