Filed June 20, 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 | $56,430 | $60,788-7.2% | $85,705-34.2% | $79,389-28.9% |
| Participation rate | 90.1% | 62.1%+28.0pp | 69.9%+20.2pp | 70.7%+19.4pp |
| Annual return | 15.47% | 16.57%-1.1pp | 21.49%-6.0pp | 116.89%-101.4pp |
| Employer contribution / active EE | $9,029 | $1,664+442.5% | $2,619+244.8% | $2,428+271.9% |
| Participant deferral / active EE | $4,113 | $2,920+40.8% | $3,924+4.8% | $4,046+1.7% |
| Admin fee / account holder | $1,210 | $439+175.6% | $6,877-82.4% | $626+93.1% |