Filed September 20, 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 | $166,035 | $77,817+113.4% | $123,553+34.4% | $64,173+158.7% |
| Participation rate | 98.4% | 74.7%+23.7pp | 82.3%+16.1pp | 69.6%+28.8pp |
| Annual return | 11.59% | 12.49%-0.9pp | 119.21%-107.6pp | 7.63%+4.0pp |
| Employer contribution / active EE | $2,474 | $3,014-17.9% | $4,628-46.5% | $2,381+3.9% |
| Participant deferral / active EE | $8,775 | $5,240+67.5% | $6,426+36.6% | $3,470+152.9% |
| Admin fee / account holder | $13,681 | $5,519+147.9% | $9,284+47.4% | $4,887+179.9% |