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 | $146,769 | $45,566+222.1% | $64,105+129.0% | $59,633+146.1% |
| Participation rate | 70.0% | 60.2%+9.8pp | 68.2%+1.8pp | 68.7%+1.3pp |
| Annual return | 1.46% | 4.95%-3.5pp | 791.24%-789.8pp | 2041.40%-2039.9pp |
| Employer contribution / active EE | $1,910 | $934+104.5% | $1,820+5.0% | $2,203-13.3% |
| Participant deferral / active EE | $7,070 | $2,057+243.7% | $2,822+150.6% | $3,192+121.5% |
| Admin fee / account holder | $4,403 | $3,268+34.8% | $4,499-2.1% | $4,297+2.5% |