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 | $69,811 | $98,776-29.3% | $149,745-53.4% | $79,856-12.6% |
| Participation rate | 85.1% | 75.8%+9.3pp | 82.5%+2.6pp | 69.6%+15.5pp |
| Annual return | 16.68% | 27.38%-10.7pp | 276.72%-260.0pp | 31.71%-15.0pp |
| Employer contribution / active EE | $4,132 | $3,217+28.4% | $4,646-11.1% | $2,471+67.2% |
| Participant deferral / active EE | $4,939 | $5,681-13.1% | $6,843-27.8% | $3,741+32.0% |
| Admin fee / account holder | $1,653 | $6,053-72.7% | $9,312-82.2% | $5,306-68.9% |