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 | $102,382+74.5% | $147,005+21.5% | $80,874+120.9% |
| Participation rate | 96.1% | 75.8%+20.2pp | 82.2%+13.9pp | 67.6%+28.4pp |
| Annual return | 12.16% | 134.89%-122.7pp | 418.76%-406.6pp | 35.62%-23.5pp |
| Employer contribution / active EE | $3,590 | $3,715-3.4% | $4,934-27.2% | $2,756+30.3% |
| Participant deferral / active EE | $8,044 | $6,646+21.0% | $8,070-0.3% | $4,297+87.2% |
| Admin fee / account holder | $42,466 | $7,942+434.7% | $13,006+226.5% | $6,935+512.3% |