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 | $183,447 | $98,776+85.7% | $149,745+22.5% | $79,856+129.7% |
| Participation rate | 96.4% | 75.8%+20.6pp | 82.5%+13.9pp | 69.6%+26.7pp |
| Annual return | 17.72% | 27.38%-9.7pp | 276.72%-259.0pp | 31.71%-14.0pp |
| Employer contribution / active EE | $6,324 | $3,217+96.6% | $4,646+36.1% | $2,471+155.9% |
| Participant deferral / active EE | $6,874 | $5,681+21.0% | $6,843+0.5% | $3,741+83.8% |
| Admin fee / account holder | $2,394 | $6,053-60.4% | $9,312-74.3% | $5,306-54.9% |