Filed August 27, 2018 (most recent of 3 filings on file)
Total covered: 2,089 employees
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 | $304,361 | $90,745+235.4% | $130,298+133.6% | $75,184+304.8% |
| Participation rate | 76.9% | 71.1%+5.9pp | 76.3%+0.7pp | 67.2%+9.7pp |
| Annual return | 12.88% | 34.45%-21.6pp | 38.90%-26.0pp | 160.78%-147.9pp |
| Employer contribution / active EE | $3,014 | $3,314-9.1% | $4,128-27.0% | $2,671+12.8% |
| Participant deferral / active EE | $7,550 | $5,362+40.8% | $6,790+11.2% | $4,127+82.9% |
| Admin fee / account holder | $18,642 | $6,331+194.4% | $6,025+209.4% | $5,652+229.9% |