Filed January 27, 2020
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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 | $32,597 | $77,817-58.1% | $123,553-73.6% | $64,173-49.2% |
| Participation rate | 90.0% | 74.7%+15.3pp | 82.3%+7.7pp | 69.6%+20.4pp |
| Annual return | -10.18% | 12.49%-22.7pp | 119.21%-129.4pp | 7.63%-17.8pp |
| Employer contribution / active EE | $1,215 | $3,014-59.7% | $4,628-73.7% | $2,381-49.0% |
| Participant deferral / active EE | $6,340 | $5,240+21.0% | $6,426-1.3% | $3,470+82.7% |
| Admin fee / account holder | $451 | $5,519-91.8% | $9,284-95.1% | $4,887-90.8% |