Filed August 26, 2019
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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 | $187,716 | $88,672+111.7% | $105,223+78.4% | $82,448+127.7% |
| Participation rate | 97.3% | 67.9%+29.4pp | 75.0%+22.3pp | 68.1%+29.2pp |
| Annual return | 15.83% | 30.86%-15.0pp | 180.65%-164.8pp | 41.64%-25.8pp |
| Employer contribution / active EE | $8,403 | $3,048+175.7% | $3,689+127.8% | $2,551+229.4% |
| Participant deferral / active EE | $2,368 | $4,036-41.3% | $5,072-53.3% | $4,139-42.8% |
| Admin fee / account holder | $2,512 | $7,146-64.8% | $8,859-71.6% | $7,234-65.3% |