Filed December 9, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,223 | $102,429-31.4% | $147,096-52.3% | $80,925-13.2% |
| Participation rate | 89.6% | 75.9%+13.7pp | 82.2%+7.4pp | 67.7%+22.0pp |
| Annual return | 19.87% | 135.02%-115.1pp | 419.75%-399.9pp | 35.65%-15.8pp |
| Employer contribution / active EE | $3,874 | $3,716+4.3% | $4,936-21.5% | $2,756+40.5% |
| Participant deferral / active EE | $11,637 | $6,649+75.0% | $8,071+44.2% | $4,299+170.7% |
| Admin fee / account holder | $8,468 | $7,957+6.4% | $13,005-34.9% | $6,940+22.0% |