Filed December 18, 2018
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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 | $22,937 | $53,774-57.3% | $134,162-82.9% | $79,852-71.3% |
| Participation rate | 82.6% | 58.8%+23.8pp | 72.2%+10.4pp | 69.6%+13.0pp |
| Annual return | 11.78% | 19.01%-7.2pp | 36.35%-24.6pp | 31.72%-19.9pp |
| Employer contribution / active EE | $2,356 | $1,322+78.3% | $3,705-36.4% | $2,471-4.7% |
| Participant deferral / active EE | $3,230 | $2,420+33.5% | $3,500-7.7% | $3,740-13.6% |
| Admin fee / account holder | $4,348 | $3,985+9.1% | $6,685-35.0% | $5,306-18.1% |