Filed February 14, 2016
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $124,336 | $202,342-38.6% | $172,753-28.0% | $152,909-18.7% |
| Participation rate | 66.7% | 87.1%-20.4pp | 82.6%-16.0pp | 82.5%-15.8pp |
| Annual return | 21.77% | 1029.88%-1008.1pp | 803.00%-781.2pp | 345.46%-323.7pp |
| Employer contribution / active EE | $1,918 | $5,857-67.3% | $5,144-62.7% | $4,764-59.7% |
| Participant deferral / active EE | $4,872 | $5,948-18.1% | $5,198-6.3% | $5,851-16.7% |
| Admin fee / account holder | $1,086 | $17,112-93.7% | $13,956-92.2% | $11,601-90.6% |