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 | $148,921 | $209,422-28.9% | $178,503-16.6% | $158,982-6.3% |
| Participation rate | 66.7% | 86.4%-19.7pp | 81.9%-15.3pp | 82.0%-15.3pp |
| Annual return | 14.56% | 188.81%-174.2pp | 151.12%-136.6pp | 302.99%-288.4pp |
| Employer contribution / active EE | $2,397 | $5,707-58.0% | $5,011-52.2% | $4,763-49.7% |
| Participant deferral / active EE | $6,250 | $5,955+5.0% | $5,202+20.1% | $5,983+4.5% |
| Admin fee / account holder | $1,210 | $17,079-92.9% | $13,987-91.4% | $11,252-89.2% |