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 | $197,457 | $93,598+111.0% | $135,974+45.2% | $75,173+162.7% |
| Participation rate | 100.0% | 75.2%+24.8pp | 81.9%+18.1pp | 67.2%+32.8pp |
| Annual return | 16.08% | 30.89%-14.8pp | 68.30%-52.2pp | 160.72%-144.6pp |
| Employer contribution / active EE | $4,532 | $3,538+28.1% | $4,859-6.7% | $2,671+69.7% |
| Participant deferral / active EE | $7,920 | $6,405+23.6% | $7,760+2.1% | $4,126+91.9% |
| Admin fee / account holder | $5,363 | $6,978-23.1% | $10,767-50.2% | $5,651-5.1% |