Filed April 9, 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 | $31,683 | $150,442-78.9% | $136,295-76.8% | $147,585-78.5% |
| Participation rate | 100.0% | 84.4%+15.6pp | 81.9%+18.1pp | 82.8%+17.2pp |
| Annual return | 15.72% | 1049.09%-1033.4pp | 5155.97%-5140.3pp | 578.56%-562.8pp |
| Employer contribution / active EE | $3,515 | $5,256-33.1% | $4,695-25.1% | $4,876-27.9% |
| Participant deferral / active EE | $9,064 | $6,630+36.7% | $6,247+45.1% | $5,439+66.7% |
| Admin fee / account holder | $962 | $10,905-91.2% | $9,243-89.6% | $10,885-91.2% |