Filed April 22, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $260,288 | $109,359+138.0% | $162,177+60.5% | $72,975+256.7% |
| Participation rate | 100.0% | 84.3%+15.7pp | 87.6%+12.4pp | 69.5%+30.5pp |
| Annual return | 15.27% | 25.46%-10.2pp | 115.60%-100.3pp | 81.01%-65.7pp |
| Employer contribution / active EE | $26,414 | $3,907+576.0% | $5,613+370.6% | $2,440+982.5% |
| Participant deferral / active EE | $20,222 | $5,481+268.9% | $7,297+177.1% | $3,608+460.5% |
| Admin fee / account holder | $34,679 | $7,972+335.0% | $10,843+219.8% | $5,124+576.8% |