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 | $232,646 | $217,432+7.0% | $185,851+25.2% | $167,553+38.8% |
| Participation rate | 66.7% | 86.1%-19.4pp | 81.7%-15.0pp | 82.1%-15.4pp |
| Annual return | 12.27% | 148.43%-136.2pp | 122.11%-109.8pp | 478.89%-466.6pp |
| Employer contribution / active EE | $2,397 | $5,874-59.2% | $5,168-53.6% | $4,840-50.5% |
| Participant deferral / active EE | $8,667 | $6,357+36.3% | $5,569+55.6% | $6,343+36.6% |
| Admin fee / account holder | $3,453 | $19,820-82.6% | $16,245-78.7% | $12,316-72.0% |