Filed September 16, 2019
Total covered: 12 employees
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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 | $248,993 | $138,393+79.9% | $184,256+35.1% | $80,959+207.6% |
| Participation rate | 93.6% | 83.9%+9.7pp | 86.8%+6.8pp | 67.7%+25.9pp |
| Annual return | 16.36% | 20.01%-3.7pp | 28.85%-12.5pp | 35.67%-19.3pp |
| Employer contribution / active EE | $8,295 | $4,847+71.1% | $6,427+29.1% | $2,757+200.9% |
| Participant deferral / active EE | $14,140 | $7,076+99.8% | $9,133+54.8% | $4,300+228.8% |
| Admin fee / account holder | $2,711 | $10,489-74.2% | $13,899-80.5% | $6,925-60.9% |