Filed June 1, 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 | $77,487 | $85,766-9.7% | $136,298-43.1% | $70,126+10.5% |
| Participation rate | 100.0% | 74.2%+25.8pp | 81.9%+18.1pp | 69.5%+30.5pp |
| Annual return | 22.30% | 31.46%-9.2pp | 5156.27%-5134.0pp | 73.15%-50.8pp |
| Employer contribution / active EE | $6,123 | $2,966+106.4% | $4,696+30.4% | $2,343+161.4% |
| Participant deferral / active EE | $0 | $5,051-100.0% | $6,247-100.0% | $3,332-100.0% |
| Admin fee / account holder | $677 | $5,421-87.5% | $9,244-92.7% | $4,645-85.4% |