Filed March 13, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,673 | $102,422-4.6% | $147,117-33.6% | $80,959+20.6% |
| Participation rate | 74.2% | 75.9%-1.7pp | 82.2%-8.0pp | 67.7%+6.5pp |
| Annual return | 16.90% | 135.16%-118.3pp | 420.54%-403.6pp | 35.67%-18.8pp |
| Employer contribution / active EE | $3,711 | $3,717-0.2% | $4,932-24.8% | $2,757+34.6% |
| Participant deferral / active EE | $5,943 | $6,652-10.7% | $8,065-26.3% | $4,300+38.2% |
| Admin fee / account holder | $1,554 | $7,953-80.5% | $12,993-88.0% | $6,925-77.6% |