Filed November 7, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,824 | $82,678+19.5% | $125,391-21.2% | $68,490+44.3% |
| Participation rate | 88.3% | 75.1%+13.3pp | 82.4%+5.9pp | 67.9%+20.4pp |
| Annual return | -19.65% | -5.97%-13.7pp | 572.41%-592.1pp | -7.85%-11.8pp |
| Employer contribution / active EE | $3,800 | $3,382+12.4% | $4,816-21.1% | $2,597+46.3% |
| Participant deferral / active EE | $8,315 | $6,111+36.1% | $7,448+11.6% | $4,028+106.4% |
| Admin fee / account holder | $4,108 | $6,277-34.6% | $10,009-59.0% | $5,403-24.0% |