Filed May 28, 2019 (most recent of 2 filings on file)
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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 | $67,664 | $77,908-13.1% | $149,696-54.8% | $75,173-10.0% |
| Participation rate | 56.5% | 65.6%-9.1pp | 78.8%-22.3pp | 67.2%-10.7pp |
| Annual return | 23.07% | 31.73%-8.7pp | 134.46%-111.4pp | 160.72%-137.7pp |
| Employer contribution / active EE | $1,470 | $3,138-53.1% | $4,821-69.5% | $2,671-45.0% |
| Participant deferral / active EE | $6,212 | $3,411+82.1% | $5,682+9.3% | $4,126+50.5% |
| Admin fee / account holder | $1,883 | $5,950-68.3% | $13,212-85.7% | $5,651-66.7% |