Filed April 1, 2019 (most recent of 2 filings on file)
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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 | $137,253 | $84,236+62.9% | $170,435-19.5% | $70,126+95.7% |
| Participation rate | 100.0% | 70.8%+29.2pp | 83.6%+16.4pp | 69.5%+30.5pp |
| Annual return | 14.70% | 23.06%-8.4pp | 205.94%-191.2pp | 73.15%-58.4pp |
| Employer contribution / active EE | $1,868 | $3,387-44.9% | $5,432-65.6% | $2,343-20.3% |
| Participant deferral / active EE | $2,424 | $3,086-21.4% | $4,939-50.9% | $3,332-27.2% |
| Admin fee / account holder | $8,281 | $5,698+45.3% | $13,881-40.3% | $4,645+78.3% |