Filed October 23, 2019
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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 | $113,790 | $77,817+46.2% | $123,553-7.9% | $64,173+77.3% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.3%+17.7pp | 69.6%+30.4pp |
| Annual return | -5.15% | 12.49%-17.6pp | 119.21%-124.4pp | 7.63%-12.8pp |
| Employer contribution / active EE | $4,811 | $3,014+59.6% | $4,628+4.0% | $2,381+102.1% |
| Participant deferral / active EE | $4,077 | $5,240-22.2% | $6,426-36.6% | $3,470+17.5% |
| Admin fee / account holder | $2,378 | $5,519-56.9% | $9,284-74.4% | $4,887-51.4% |