Filed October 7, 2019
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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 | $40,828 | $88,707-54.0% | $74,184-45.0% | $273,972-85.1% |
| Participation rate | 78.9% | 79.4%-0.5pp | 76.6%+2.3pp | 83.0%-4.1pp |
| Annual return | 0.31% | 11.94%-11.6pp | 17.74%-17.4pp | 41.46%-41.1pp |
| Employer contribution / active EE | $757 | $3,159-76.0% | $2,370-68.1% | $4,869-84.5% |
| Participant deferral / active EE | $2,651 | $4,212-37.1% | $3,550-25.3% | $5,287-49.9% |
| Admin fee / account holder | $334 | $8,717-96.2% | $5,586-94.0% | $10,133-96.7% |