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 | $102,422-31.4% | $147,117-52.3% | $80,959-13.3% |
| Participation rate | 89.6% | 75.9%+13.7pp | 82.2%+7.4pp | 67.7%+21.9pp |
| Annual return | 19.87% | 135.16%-115.3pp | 420.54%-400.7pp | 35.67%-15.8pp |
| Employer contribution / active EE | $3,874 | $3,717+4.2% | $4,932-21.5% | $2,757+40.5% |
| Participant deferral / active EE | $11,637 | $6,652+74.9% | $8,065+44.3% | $4,300+170.6% |
| Admin fee / account holder | $8,468 | $7,953+6.5% | $12,993-34.8% | $6,925+22.3% |