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 | $25,021 | $82,678-69.7% | $125,391-80.0% | $68,490-63.5% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.4%+17.6pp | 67.9%+32.1pp |
| Annual return | -15.42% | -5.97%-9.4pp | 572.41%-587.8pp | -7.85%-7.6pp |
| Employer contribution / active EE | $2,517 | $3,382-25.6% | $4,816-47.7% | $2,597-3.1% |
| Participant deferral / active EE | $5,040 | $6,111-17.5% | $7,448-32.3% | $4,028+25.1% |
| Admin fee / account holder | $1,024 | $6,277-83.7% | $10,009-89.8% | $5,403-81.0% |