Filed April 8, 2019
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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 | $141,049 | $78,027+80.8% | $178,528-21.0% | $80,925+74.3% |
| Participation rate | 89.5% | 65.7%+23.8pp | 77.1%+12.4pp | 67.7%+21.8pp |
| Annual return | 9.18% | 18.09%-8.9pp | 27.11%-17.9pp | 35.65%-26.5pp |
| Employer contribution / active EE | $15,180 | $2,281+565.4% | $3,950+284.3% | $2,756+450.7% |
| Participant deferral / active EE | $6,835 | $4,408+55.1% | $6,278+8.9% | $4,299+59.0% |
| Admin fee / account holder | $33,555 | $7,168+368.1% | $10,419+222.1% | $6,940+383.5% |