Filed September 12, 2018
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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 | $278,231 | $72,404+284.3% | $110,243+152.4% | $64,173+333.6% |
| Participation rate | 93.8% | 73.3%+20.4pp | 79.8%+13.9pp | 69.6%+24.2pp |
| Annual return | -8.51% | -6.29%-2.2pp | 314.76%-323.3pp | 7.63%-16.1pp |
| Employer contribution / active EE | $15,431 | $2,282+576.3% | $3,827+303.2% | $2,381+548.1% |
| Participant deferral / active EE | $8,190 | $3,469+136.1% | $4,672+75.3% | $3,470+136.0% |
| Admin fee / account holder | $4,466 | $5,664-21.2% | $8,548-47.8% | $4,887-8.6% |