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 | $138,366+80.0% | $184,185+35.2% | $80,911+207.7% |
| Participation rate | 93.6% | 83.9%+9.7pp | 86.8%+6.8pp | 67.6%+26.0pp |
| Annual return | 16.36% | 20.02%-3.7pp | 28.81%-12.5pp | 35.63%-19.3pp |
| Employer contribution / active EE | $8,295 | $4,849+71.1% | $6,426+29.1% | $2,756+201.0% |
| Participant deferral / active EE | $14,140 | $7,074+99.9% | $9,132+54.8% | $4,297+229.0% |
| Admin fee / account holder | $2,711 | $10,484-74.1% | $13,909-80.5% | $6,935-60.9% |