Filed December 9, 2014
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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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,121 | $58,311+18.5% | $81,882-15.6% | $80,959-14.6% |
| Participation rate | 97.8% | 63.5%+34.3pp | 72.4%+25.4pp | 67.7%+30.2pp |
| Annual return | 10.43% | 41.85%-31.4pp | 779.47%-769.0pp | 35.67%-25.2pp |
| Employer contribution / active EE | $2,979 | $2,347+27.0% | $2,916+2.2% | $2,757+8.1% |
| Participant deferral / active EE | $7,854 | $3,287+138.9% | $4,323+81.7% | $4,300+82.6% |
| Admin fee / account holder | $6,037 | $4,752+27.0% | $7,360-18.0% | $6,925-12.8% |