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 | $156,539 | $79,449+97.0% | $189,558-17.4% | $85,856+82.3% |
| Participation rate | 100.0% | 66.0%+34.0pp | 78.5%+21.5pp | 69.3%+30.7pp |
| Annual return | 11.49% | 18.45%-7.0pp | 64.19%-52.7pp | 318.58%-307.1pp |
| Employer contribution / active EE | $19,567 | $2,081+840.3% | $4,412+343.5% | $2,565+662.8% |
| Participant deferral / active EE | $9,225 | $4,051+127.7% | $6,174+49.4% | $3,952+133.4% |
| Admin fee / account holder | $17,544 | $5,377+226.3% | $9,809+78.9% | $6,261+180.2% |