Filed March 29, 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 | $84,820 | $71,215+19.1% | $93,696-9.5% | $80,935+4.8% |
| Participation rate | 97.1% | 60.4%+36.7pp | 68.7%+28.4pp | 67.7%+29.5pp |
| Annual return | 10.91% | 11.27%-0.4pp | 133.74%-122.8pp | 35.66%-24.8pp |
| Employer contribution / active EE | $6,504 | $1,565+315.5% | $2,422+168.5% | $2,757+135.9% |
| Participant deferral / active EE | $9,208 | $4,037+128.1% | $4,417+108.5% | $4,299+114.2% |
| Admin fee / account holder | $52,359 | $6,958+652.5% | $8,287+531.9% | $6,924+656.2% |