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 | $58,258-25.9% | $81,820-47.2% | $80,925-46.7% |
| Participation rate | 92.6% | 63.5%+29.1pp | 72.4%+20.2pp | 67.7%+24.9pp |
| Annual return | 10.76% | 41.76%-31.0pp | 777.93%-767.2pp | 35.65%-24.9pp |
| Employer contribution / active EE | $3,208 | $2,345+36.8% | $2,915+10.0% | $2,756+16.4% |
| Participant deferral / active EE | $5,368 | $3,284+63.5% | $4,323+24.2% | $4,299+24.9% |
| Admin fee / account holder | $2,710 | $4,976-45.5% | $7,391-63.3% | $6,940-60.9% |