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 | $109,255 | $168,636-35.2% | $147,617-26.0% | $125,393-12.9% |
| Participation rate | 100.0% | 88.8%+11.2pp | 84.6%+15.4pp | 83.2%+16.8pp |
| Annual return | -2.77% | 77.65%-80.4pp | 61.98%-64.7pp | 282.23%-285.0pp |
| Employer contribution / active EE | $11,663 | $6,252+86.5% | $5,565+109.6% | $4,866+139.7% |
| Participant deferral / active EE | $5,586 | $5,507+1.4% | $4,895+14.1% | $5,351+4.4% |
| Admin fee / account holder | $4,600 | $13,580-66.1% | $11,611-60.4% | $9,541-51.8% |