Filed April 21, 2021
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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 | $178,656 | $102,422+74.4% | $147,117+21.4% | $80,959+120.7% |
| Participation rate | 96.1% | 75.9%+20.2pp | 82.2%+13.9pp | 67.7%+28.4pp |
| Annual return | 12.16% | 135.16%-123.0pp | 420.54%-408.4pp | 35.67%-23.5pp |
| Employer contribution / active EE | $3,590 | $3,717-3.4% | $4,932-27.2% | $2,757+30.2% |
| Participant deferral / active EE | $8,044 | $6,652+20.9% | $8,065-0.3% | $4,300+87.1% |
| Admin fee / account holder | $42,466 | $7,953+433.9% | $12,993+226.8% | $6,925+513.2% |