Filed November 9, 2017
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,434 | $44,850+12.5% | $60,547-16.7% | $59,633-15.4% |
| Participation rate | 56.9% | 59.5%-2.6pp | 68.0%-11.1pp | 68.7%-11.8pp |
| Annual return | -1.67% | 1074.14%-1075.8pp | 335.64%-337.3pp | 2041.45%-2043.1pp |
| Employer contribution / active EE | $1,305 | $1,462-10.7% | $2,419-46.1% | $2,203-40.8% |
| Participant deferral / active EE | $2,425 | $2,230+8.8% | $3,328-27.1% | $3,192-24.0% |
| Admin fee / account holder | $6,267 | $3,635+72.4% | $4,536+38.2% | $4,297+45.8% |