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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,846 | $91,537+36.4% | $130,045-4.0% | $75,173+66.1% |
| Participation rate | 91.0% | 71.5%+19.6pp | 78.5%+12.5pp | 67.2%+23.8pp |
| Annual return | 40.05% | -631.55%+671.6pp | -137.30%+177.4pp | 160.72%-120.7pp |
| Employer contribution / active EE | $6,593 | $2,845+131.7% | $4,321+52.6% | $2,671+146.8% |
| Participant deferral / active EE | $16,692 | $4,343+284.4% | $5,820+186.8% | $4,126+304.5% |
| Admin fee / account holder | $9,154 | $6,780+35.0% | $10,600-13.6% | $5,651+62.0% |