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 | $134,516 | $50,958+164.0% | $74,552+80.4% | $64,181+109.6% |
| Participation rate | 74.4% | 61.1%+13.3pp | 69.1%+5.2pp | 69.6%+4.8pp |
| Annual return | -2.27% | -1.86%-0.4pp | 32.53%-34.8pp | 7.63%-9.9pp |
| Employer contribution / active EE | $2,095 | $1,115+87.8% | $1,961+6.8% | $2,381-12.0% |
| Participant deferral / active EE | $6,694 | $2,301+190.9% | $3,108+115.4% | $3,470+92.9% |
| Admin fee / account holder | $15,028 | $4,223+255.9% | $5,060+197.0% | $4,887+207.5% |