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 | $55,174 | $74,535-26.0% | $100,712-45.2% | $82,637-33.2% |
| Participation rate | 85.3% | 61.2%+24.1pp | 69.3%+16.0pp | 68.1%+17.2pp |
| Annual return | 17.01% | 18.92%-1.9pp | 33.27%-16.3pp | 53.51%-36.5pp |
| Employer contribution / active EE | $5,532 | $1,503+268.1% | $2,313+139.2% | $2,552+116.8% |
| Participant deferral / active EE | $10,633 | $3,074+245.9% | $4,085+160.3% | $4,126+157.7% |
| Admin fee / account holder | $29,845 | $6,576+353.9% | $9,256+222.4% | $7,339+306.7% |