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 | $168,237 | $89,370+88.2% | $141,197+19.2% | $72,976+130.5% |
| Participation rate | 97.9% | 75.1%+22.8pp | 82.5%+15.4pp | 69.5%+28.4pp |
| Annual return | 20.33% | 111.88%-91.5pp | 71.41%-51.1pp | 81.02%-60.7pp |
| Employer contribution / active EE | $6,332 | $3,115+103.3% | $4,736+33.7% | $2,440+159.5% |
| Participant deferral / active EE | $7,251 | $5,419+33.8% | $6,710+8.1% | $3,608+101.0% |
| Admin fee / account holder | $5,652 | $5,957-5.1% | $10,265-44.9% | $5,124+10.3% |