Filed June 18, 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 | $140,970 | $183,592-23.2% | $155,574-9.4% | $145,877-3.4% |
| Participation rate | 100.0% | 82.7%+17.3pp | 78.2%+21.8pp | 80.3%+19.7pp |
| Annual return | 8.79% | 61.37%-52.6pp | 64.87%-56.1pp | 551.28%-542.5pp |
| Employer contribution / active EE | $19,126 | $5,317+259.7% | $4,676+309.1% | $4,663+310.2% |
| Participant deferral / active EE | $14,804 | $6,466+129.0% | $5,629+163.0% | $6,691+121.3% |
| Admin fee / account holder | $1,302 | $19,316-93.3% | $15,914-91.8% | $13,402-90.3% |