Filed January 22, 2020 (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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,166 | $58,311-26.0% | $81,882-47.3% | $80,959-46.7% |
| Participation rate | 92.6% | 63.5%+29.1pp | 72.4%+20.2pp | 67.7%+24.9pp |
| Annual return | 10.76% | 41.85%-31.1pp | 779.47%-768.7pp | 35.67%-24.9pp |
| Employer contribution / active EE | $3,208 | $2,347+36.7% | $2,916+10.0% | $2,757+16.3% |
| Participant deferral / active EE | $5,368 | $3,287+63.3% | $4,323+24.2% | $4,300+24.8% |
| Admin fee / account holder | $2,710 | $4,752-43.0% | $7,360-63.2% | $6,925-60.9% |