Filed September 23, 2016 (most recent of 3 filings on file)
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Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $60,454 | $138,385-56.3% | $184,243-67.2% | $80,925-25.3% |
| Participation rate | 100.0% | 83.9%+16.1pp | 86.8%+13.2pp | 67.7%+32.3pp |
| Annual return | 15.79% | 20.02%-4.2pp | 28.82%-13.0pp | 35.65%-19.9pp |
| Employer contribution / active EE | $1,596 | $4,851-67.1% | $6,427-75.2% | $2,756-42.1% |
| Participant deferral / active EE | $2,616 | $7,075-63.0% | $9,132-71.4% | $4,299-39.1% |
| Admin fee / account holder | $8,563 | $10,489-18.4% | $13,914-38.5% | $6,940+23.4% |