Filed December 26, 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 | $16,397 | $150,447-89.1% | $136,298-88.0% | $147,586-88.9% |
| Participation rate | 100.0% | 84.4%+15.6pp | 81.9%+18.1pp | 82.8%+17.2pp |
| Annual return | 10.62% | 1049.15%-1038.5pp | 5156.27%-5145.6pp | 578.59%-568.0pp |
| Employer contribution / active EE | $2,692 | $5,256-48.8% | $4,696-42.7% | $4,876-44.8% |
| Participant deferral / active EE | $6,657 | $6,631+0.4% | $6,247+6.6% | $5,439+22.4% |
| Admin fee / account holder | $1,887 | $10,906-82.7% | $9,244-79.6% | $10,886-82.7% |