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 | $173,419 | $82,678+109.8% | $125,391+38.3% | $68,490+153.2% |
| Participation rate | 98.1% | 75.1%+23.0pp | 82.4%+15.7pp | 67.9%+30.2pp |
| Annual return | -13.28% | -5.97%-7.3pp | 572.41%-585.7pp | -7.85%-5.4pp |
| Employer contribution / active EE | $7,216 | $3,382+113.3% | $4,816+49.8% | $2,597+177.9% |
| Participant deferral / active EE | $8,992 | $6,111+47.1% | $7,448+20.7% | $4,028+123.3% |
| Admin fee / account holder | $535 | $6,277-91.5% | $10,009-94.7% | $5,403-90.1% |