Filed March 9, 2020
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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 | $83,384 | $138,114-39.6% | $125,391-33.5% | $134,545-38.0% |
| Participation rate | 93.8% | 84.5%+9.3pp | 82.4%+11.4pp | 81.2%+12.5pp |
| Annual return | -21.47% | 750.88%-772.4pp | 572.41%-593.9pp | 418.37%-439.8pp |
| Employer contribution / active EE | $13,917 | $5,246+165.3% | $4,816+189.0% | $4,742+193.5% |
| Participant deferral / active EE | $15,080 | $7,801+93.3% | $7,448+102.5% | $6,401+135.6% |
| Admin fee / account holder | $387 | $11,570-96.7% | $10,009-96.1% | $11,431-96.6% |