Filed February 9, 2018
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,653 | $202,326-88.3% | $172,745-86.3% | $152,870-84.5% |
| Participation rate | 91.7% | 87.1%+4.6pp | 82.6%+9.0pp | 82.4%+9.2pp |
| Annual return | 21.44% | 1029.72%-1008.3pp | 802.90%-781.5pp | 345.34%-323.9pp |
| Employer contribution / active EE | $2,746 | $5,858-53.1% | $5,144-46.6% | $4,763-42.3% |
| Participant deferral / active EE | $3,724 | $5,948-37.4% | $5,197-28.4% | $5,850-36.3% |
| Admin fee / account holder | $756 | $17,110-95.6% | $13,954-94.6% | $11,597-93.5% |