Filed May 10, 2018
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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).
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $392,545 | $132,634+196.0% | $115,768+239.1% | $137,256+186.0% |
| Participation rate | 81.0% | 77.9%+3.1pp | 74.4%+6.6pp | 80.0%+1.0pp |
| Annual return | 14.54% | 160.70%-146.2pp | 100.46%-85.9pp | 220.34%-205.8pp |
| Employer contribution / active EE | $11,440 | $3,360+240.5% | $2,940+289.1% | $4,156+175.3% |
| Participant deferral / active EE | $9,329 | $5,619+66.0% | $4,917+89.7% | $6,407+45.6% |
| Admin fee / account holder | $83,211 | $15,028+453.7% | $12,439+568.9% | $12,270+578.2% |