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 | $184,014-32.2% | $161,149-22.5% | $138,895-10.1% |
| Participation rate | 94.7% | 82.1%+12.7pp | 78.8%+15.9pp | 79.9%+14.8pp |
| Annual return | 18.77% | 21.52%-2.7pp | 21.16%-2.4pp | 145.39%-126.6pp |
| Employer contribution / active EE | $1,817 | $5,055-64.1% | $4,360-58.3% | $4,194-56.7% |
| Participant deferral / active EE | $2,074 | $6,909-70.0% | $6,153-66.3% | $6,396-67.6% |
| Admin fee / account holder | $1,234 | $18,027-93.2% | $15,194-91.9% | $12,562-90.2% |