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 | $64,815 | $70,684-8.3% | $169,397-61.7% | $75,177-13.8% |
| Participation rate | 83.9% | 64.8%+19.1pp | 77.2%+6.7pp | 67.2%+16.7pp |
| Annual return | 18.32% | 36.38%-18.1pp | 406.23%-387.9pp | 160.75%-142.4pp |
| Employer contribution / active EE | $2,904 | $2,211+31.4% | $4,013-27.6% | $2,671+8.7% |
| Participant deferral / active EE | $7,169 | $4,310+66.4% | $6,223+15.2% | $4,126+73.7% |
| Admin fee / account holder | $4,948 | $5,404-8.4% | $9,017-45.1% | $5,651-12.4% |