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 | $104,699 | $81,487+28.5% | $102,412+2.2% | $80,935+29.4% |
| Participation rate | 70.0% | 66.8%+3.2pp | 74.5%-4.5pp | 67.7%+2.3pp |
| Annual return | 10.10% | 25.60%-15.5pp | 24.94%-14.8pp | 35.66%-25.6pp |
| Employer contribution / active EE | $0 | $3,103-100.0% | $3,870-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $3,667 | $3,871-5.3% | $5,060-27.5% | $4,299-14.7% |
| Admin fee / account holder | $28,363 | $6,717+322.2% | $8,388+238.2% | $6,924+309.6% |