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.)
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 | $64,983 | $57,330+13.3% | $86,656-25.0% | $75,177-13.6% |
| Participation rate | 90.2% | 63.2%+27.0pp | 71.7%+18.5pp | 67.2%+23.0pp |
| Annual return | 14.81% | 2675.40%-2660.6pp | 593.09%-578.3pp | 160.75%-145.9pp |
| Employer contribution / active EE | $2,871 | $2,316+23.9% | $3,025-5.1% | $2,671+7.5% |
| Participant deferral / active EE | $7,389 | $3,320+122.6% | $4,439+66.5% | $4,126+79.1% |
| Admin fee / account holder | $1,621 | $4,115-60.6% | $5,619-71.1% | $5,651-71.3% |