Filed December 19, 2016
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,697 | $198,457-76.5% | $170,435-72.6% | $147,586-68.4% |
| Participation rate | 100.0% | 88.0%+12.0pp | 83.6%+16.4pp | 82.8%+17.2pp |
| Annual return | 15.01% | 257.30%-242.3pp | 205.94%-190.9pp | 578.59%-563.6pp |
| Employer contribution / active EE | $6,650 | $6,183+7.5% | $5,432+22.4% | $4,876+36.4% |
| Participant deferral / active EE | $3,790 | $5,629-32.7% | $4,939-23.3% | $5,439-30.3% |
| Admin fee / account holder | $444 | $16,852-97.4% | $13,881-96.8% | $10,886-95.9% |