Filed October 14, 2018
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $103,401 | $89,259+15.8% | $107,187-3.5% | $82,637+25.1% |
| Participation rate | 76.7% | 67.9%+8.7pp | 75.0%+1.6pp | 68.1%+8.6pp |
| Annual return | 10.70% | 21.02%-10.3pp | 204.55%-193.8pp | 53.51%-42.8pp |
| Employer contribution / active EE | $0 | $3,080-100.0% | $3,782-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $3,856 | $4,037-4.5% | $5,096-24.3% | $4,126-6.5% |
| Admin fee / account holder | $17,636 | $7,381+138.9% | $9,162+92.5% | $7,339+140.3% |