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 | $46,900 | $87,834-46.6% | $133,975-65.0% | $62,881-25.4% |
| Participation rate | 86.8% | 83.4%+3.4pp | 87.1%-0.3pp | 69.3%+17.5pp |
| Annual return | 10.09% | 12.05%-2.0pp | 29.29%-19.2pp | 20.14%-10.0pp |
| Employer contribution / active EE | $2,340 | $3,482-32.8% | $5,211-55.1% | $2,281+2.6% |
| Participant deferral / active EE | $3,019 | $4,812-37.3% | $6,282-51.9% | $3,203-5.7% |
| Admin fee / account holder | $3,894 | $5,372-27.5% | $9,324-58.2% | $4,296-9.4% |