Filed February 11, 2020
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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 | $51,322 | $85,766-40.2% | $136,298-62.3% | $70,126-26.8% |
| Participation rate | 92.2% | 74.2%+18.0pp | 81.9%+10.2pp | 69.5%+22.6pp |
| Annual return | 17.91% | 31.46%-13.5pp | 5156.27%-5138.4pp | 73.15%-55.2pp |
| Employer contribution / active EE | $2,456 | $2,966-17.2% | $4,696-47.7% | $2,343+4.9% |
| Participant deferral / active EE | $6,126 | $5,051+21.3% | $6,247-1.9% | $3,332+83.9% |
| Admin fee / account holder | $9,719 | $5,421+79.3% | $9,244+5.1% | $4,645+109.2% |