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 | $77,962+4.5% | $178,540-54.4% | $80,935+0.7% |
| Participation rate | 83.9% | 65.7%+18.2pp | 77.1%+6.8pp | 67.7%+16.2pp |
| Annual return | 15.22% | 18.10%-2.9pp | 27.15%-11.9pp | 35.66%-20.4pp |
| Employer contribution / active EE | $3,066 | $2,280+34.5% | $3,953-22.4% | $2,757+11.2% |
| Participant deferral / active EE | $8,543 | $4,404+94.0% | $6,281+36.0% | $4,299+98.7% |
| Admin fee / account holder | $832 | $7,156-88.4% | $10,424-92.0% | $6,924-88.0% |