Filed December 12, 2019
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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 | $30,485 | $65,704-53.6% | $94,229-67.6% | $59,633-48.9% |
| Participation rate | 93.9% | 72.1%+21.8pp | 78.8%+15.2pp | 68.7%+25.3pp |
| Annual return | -4.60% | 5.22%-9.8pp | 10.68%-15.3pp | 2041.45%-2046.1pp |
| Employer contribution / active EE | $4,475 | $2,021+121.5% | $3,587+24.8% | $2,203+103.2% |
| Participant deferral / active EE | $8,045 | $3,143+156.0% | $4,320+86.2% | $3,192+152.1% |
| Admin fee / account holder | $622 | $4,265-85.4% | $6,269-90.1% | $4,297-85.5% |