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 | $86,901 | $148,629-41.5% | $135,982-36.1% | $139,487-37.7% |
| Participation rate | 70.0% | 83.9%-13.9pp | 81.9%-11.9pp | 80.3%-10.3pp |
| Annual return | 21.19% | 79.33%-58.1pp | 68.32%-47.1pp | 373.84%-352.7pp |
| Employer contribution / active EE | $8,885 | $5,247+69.3% | $4,859+82.8% | $4,755+86.9% |
| Participant deferral / active EE | $15,108 | $8,102+86.5% | $7,760+94.7% | $6,713+125.1% |
| Admin fee / account holder | $10,440 | $12,406-15.8% | $10,767-3.0% | $11,407-8.5% |