Filed October 23, 2014
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,987 | $63,768+56.8% | $98,483+1.5% | $79,391+25.9% |
| Participation rate | 81.6% | 69.9%+11.7pp | 73.3%+8.2pp | 70.7%+10.9pp |
| Annual return | 15.10% | 626.18%-611.1pp | 1494.38%-1479.3pp | 116.88%-101.8pp |
| Employer contribution / active EE | $4,951 | $2,558+93.6% | $2,961+67.2% | $2,428+103.9% |
| Participant deferral / active EE | $7,731 | $3,305+133.9% | $4,276+80.8% | $4,046+91.1% |
| Admin fee / account holder | $4,810 | $516+832.6% | $5,953-19.2% | $627+667.7% |