Filed February 13, 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 | $120,150 | $69,590+72.7% | $136,867-12.2% | $94,015+27.8% |
| Participation rate | 100.0% | 66.3%+33.7pp | 74.5%+25.5pp | 70.8%+29.2pp |
| Annual return | 20.09% | 19.62%+0.5pp | 42.97%-22.9pp | 17.84%+2.2pp |
| Employer contribution / active EE | $9,612 | $2,396+301.1% | $3,547+171.0% | $2,790+244.5% |
| Participant deferral / active EE | $12,100 | $3,437+252.1% | $4,924+145.8% | $4,249+184.7% |
| Admin fee / account holder | $1,378 | $8,912-84.5% | $10,340-86.7% | $8,951-84.6% |