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 | $197,466 | $105,200+87.7% | $159,474+23.8% | $85,847+130.0% |
| Participation rate | 98.1% | 75.8%+22.3pp | 82.8%+15.2pp | 69.3%+28.8pp |
| Annual return | 17.04% | 45.08%-28.0pp | 263.68%-246.6pp | 318.61%-301.6pp |
| Employer contribution / active EE | $6,674 | $3,319+101.1% | $4,831+38.2% | $2,565+160.2% |
| Participant deferral / active EE | $8,570 | $5,946+44.1% | $7,353+16.5% | $3,952+116.8% |
| Admin fee / account holder | $29,949 | $6,934+331.9% | $10,802+177.2% | $6,261+378.4% |