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 | $78,745 | $105,200-25.1% | $159,474-50.6% | $85,847-8.3% |
| Participation rate | 77.1% | 75.8%+1.3pp | 82.8%-5.7pp | 69.3%+7.8pp |
| Annual return | 17.54% | 45.08%-27.5pp | 263.68%-246.1pp | 318.61%-301.1pp |
| Employer contribution / active EE | $2,820 | $3,319-15.0% | $4,831-41.6% | $2,565+9.9% |
| Participant deferral / active EE | $4,690 | $5,946-21.1% | $7,353-36.2% | $3,952+18.7% |
| Admin fee / account holder | $18,223 | $6,934+162.8% | $10,802+68.7% | $6,261+191.1% |