Filed December 10, 2018
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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 | $26,480 | $105,210-74.8% | $159,487-83.4% | $85,851-69.2% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.8%+17.2pp | 69.3%+30.7pp |
| Annual return | 15.38% | 45.08%-29.7pp | 263.71%-248.3pp | 318.63%-303.3pp |
| Employer contribution / active EE | $4,656 | $3,319+40.3% | $4,831-3.6% | $2,565+81.5% |
| Participant deferral / active EE | $4,505 | $5,946-24.2% | $7,354-38.7% | $3,952+14.0% |
| Admin fee / account holder | $591 | $6,934-91.5% | $10,804-94.5% | $6,261-90.6% |