Filed March 22, 2017
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Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,819 | $199,109-37.3% | $173,730-28.2% | $154,746-19.3% |
| Participation rate | 94.7% | 82.8%+11.9pp | 79.6%+15.2pp | 80.7%+14.0pp |
| Annual return | 18.77% | 20.02%-1.2pp | 19.96%-1.2pp | 172.34%-153.6pp |
| Employer contribution / active EE | $1,817 | $5,311-65.8% | $4,577-60.3% | $4,379-58.5% |
| Participant deferral / active EE | $2,074 | $7,113-70.8% | $6,326-67.2% | $6,730-69.2% |
| Admin fee / account holder | $1,234 | $20,916-94.1% | $17,523-93.0% | $14,365-91.4% |