Filed June 14, 2021
Total covered: 5 employees
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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 | $116,365 | $76,407+52.3% | $150,298-22.6% | $82,448+41.1% |
| Participation rate | 97.2% | 66.4%+30.8pp | 77.8%+19.5pp | 68.1%+29.2pp |
| Annual return | 10.32% | 39.99%-29.7pp | 62.79%-52.5pp | 41.64%-31.3pp |
| Employer contribution / active EE | $6,579 | $2,614+151.7% | $4,154+58.4% | $2,551+157.9% |
| Participant deferral / active EE | $8,935 | $3,214+178.0% | $5,453+63.9% | $4,139+115.9% |
| Admin fee / account holder | $58,535 | $6,352+821.5% | $14,116+314.7% | $7,234+709.1% |