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 | $138,385+79.9% | $184,243+35.1% | $80,925+207.7% |
| Participation rate | 93.6% | 83.9%+9.7pp | 86.8%+6.8pp | 67.7%+26.0pp |
| Annual return | 16.36% | 20.02%-3.7pp | 28.82%-12.5pp | 35.65%-19.3pp |
| Employer contribution / active EE | $8,295 | $4,851+71.0% | $6,427+29.1% | $2,756+201.0% |
| Participant deferral / active EE | $14,140 | $7,075+99.8% | $9,132+54.8% | $4,299+228.9% |
| Admin fee / account holder | $2,711 | $10,489-74.2% | $13,914-80.5% | $6,940-60.9% |