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 | $51,631+32.1% | $129,397-47.3% | $80,925-15.7% |
| Participation rate | 73.1% | 56.9%+16.1pp | 69.6%+3.5pp | 67.7%+5.4pp |
| Annual return | 10.59% | 20.77%-10.2pp | 9453.98%-9443.4pp | 35.65%-25.1pp |
| Employer contribution / active EE | $1,085 | $1,583-31.5% | $4,154-73.9% | $2,756-60.7% |
| Participant deferral / active EE | $3,168 | $2,670+18.6% | $4,167-24.0% | $4,299-26.3% |
| Admin fee / account holder | $4,236 | $4,309-1.7% | $7,679-44.8% | $6,940-39.0% |