Filed September 16, 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 | $19,709 | $57,119-65.5% | $85,187-76.9% | $80,935-75.6% |
| Participation rate | 76.3% | 56.4%+19.9pp | 67.5%+8.8pp | 67.7%+8.7pp |
| Annual return | 73.18% | 21.70%+51.5pp | 66.67%+6.5pp | 35.66%+37.5pp |
| Employer contribution / active EE | $2,176 | $1,802+20.8% | $2,732-20.4% | $2,757-21.1% |
| Participant deferral / active EE | $4,108 | $3,115+31.9% | $4,525-9.2% | $4,299-4.5% |
| Admin fee / account holder | $1,307 | $4,990-73.8% | $6,162-78.8% | $6,924-81.1% |