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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,116 | $124,336-38.0% | $111,303-30.7% | $167,518-54.0% |
| Participation rate | 77.8% | 79.6%-1.8pp | 77.3%+0.5pp | 82.1%-4.3pp |
| Annual return | 10.48% | 37.45%-27.0pp | 54.66%-44.2pp | 478.71%-468.2pp |
| Employer contribution / active EE | $778 | $3,436-77.4% | $2,731-71.5% | $4,838-83.9% |
| Participant deferral / active EE | $2,111 | $5,181-59.3% | $4,487-53.0% | $6,342-66.7% |
| Admin fee / account holder | $355 | $10,623-96.7% | $7,966-95.5% | $12,312-97.1% |