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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,682 | $72,177-45.0% | $115,038-65.5% | $59,633-33.5% |
| Participation rate | 93.8% | 72.6%+21.2pp | 81.4%+12.4pp | 68.7%+25.1pp |
| Annual return | -3.10% | 12.02%-15.1pp | 26.14%-29.2pp | 2041.45%-2044.6pp |
| Employer contribution / active EE | $2,116 | $2,841-25.5% | $4,608-54.1% | $2,203-3.9% |
| Participant deferral / active EE | $5,390 | $4,783+12.7% | $6,026-10.6% | $3,192+68.9% |
| Admin fee / account holder | $1,481 | $4,927-69.9% | $8,175-81.9% | $4,297-65.5% |