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 | $57,027 | $56,894+0.2% | $84,753-32.7% | $62,881-9.3% |
| Participation rate | 88.0% | 68.5%+19.5pp | 76.6%+11.4pp | 69.3%+18.7pp |
| Annual return | 3.81% | 6.30%-2.5pp | 22.78%-19.0pp | 20.14%-16.3pp |
| Employer contribution / active EE | $791 | $2,400-67.0% | $3,574-77.9% | $2,281-65.3% |
| Participant deferral / active EE | $5,192 | $2,709+91.7% | $3,712+39.9% | $3,203+62.1% |
| Admin fee / account holder | $38,483 | $3,581+974.7% | $5,333+621.6% | $4,296+795.8% |