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 | $78,745 | $110,083-28.5% | $151,639-48.1% | $68,486+15.0% |
| Participation rate | 92.0% | 84.0%+8.0pp | 87.5%+4.5pp | 67.9%+24.1pp |
| Annual return | -8.29% | -10.12%+1.8pp | 3.34%-11.6pp | -7.85%-0.4pp |
| Employer contribution / active EE | $3,519 | $4,470-21.3% | $6,165-42.9% | $2,597+35.5% |
| Participant deferral / active EE | $8,029 | $6,526+23.0% | $8,363-4.0% | $4,028+99.3% |
| Admin fee / account holder | $5,720 | $7,718-25.9% | $11,613-50.7% | $5,404+5.8% |