Filed July 2, 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 | $163,403 | $72,404+125.7% | $110,243+48.2% | $64,173+154.6% |
| Participation rate | 92.5% | 73.3%+19.2pp | 79.8%+12.7pp | 69.6%+22.9pp |
| Annual return | -6.17% | -6.29%+0.1pp | 314.76%-320.9pp | 7.63%-13.8pp |
| Employer contribution / active EE | $2,491 | $2,282+9.2% | $3,827-34.9% | $2,381+4.6% |
| Participant deferral / active EE | $5,251 | $3,469+51.4% | $4,672+12.4% | $3,470+51.4% |
| Admin fee / account holder | $1,790 | $5,664-68.4% | $8,548-79.1% | $4,887-63.4% |