Filed December 3, 2015
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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 | $68,227 | $51,638+32.1% | $129,406-47.3% | $80,959-15.7% |
| Participation rate | 73.1% | 56.9%+16.1pp | 69.6%+3.4pp | 67.7%+5.4pp |
| Annual return | 10.59% | 20.78%-10.2pp | 9468.18%-9457.6pp | 35.67%-25.1pp |
| Employer contribution / active EE | $1,085 | $1,584-31.5% | $4,155-73.9% | $2,757-60.7% |
| Participant deferral / active EE | $3,168 | $2,670+18.6% | $4,167-24.0% | $4,300-26.3% |
| Admin fee / account holder | $4,236 | $4,313-1.8% | $7,689-44.9% | $6,925-38.8% |