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 | $94,553 | $58,275+62.3% | $81,844+15.5% | $80,935+16.8% |
| Participation rate | 98.4% | 63.5%+35.0pp | 72.4%+26.1pp | 67.7%+30.8pp |
| Annual return | 18.44% | 41.82%-23.4pp | 778.87%-760.4pp | 35.66%-17.2pp |
| Employer contribution / active EE | $9,731 | $2,346+314.8% | $2,916+233.7% | $2,757+253.0% |
| Participant deferral / active EE | $11,113 | $3,285+238.3% | $4,323+157.0% | $4,299+158.5% |
| Admin fee / account holder | $2,712 | $4,749-42.9% | $7,355-63.1% | $6,924-60.8% |