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 | $132,505 | $70,684+87.5% | $169,390-21.8% | $75,173+76.3% |
| Participation rate | 96.9% | 64.8%+32.1pp | 77.2%+19.7pp | 67.2%+29.7pp |
| Annual return | 11.86% | 36.38%-24.5pp | 406.07%-394.2pp | 160.72%-148.9pp |
| Employer contribution / active EE | $5,188 | $2,211+134.6% | $4,013+29.3% | $2,671+94.2% |
| Participant deferral / active EE | $5,096 | $4,310+18.2% | $6,222-18.1% | $4,126+23.5% |
| Admin fee / account holder | $12,086 | $5,404+123.7% | $9,015+34.1% | $5,651+113.9% |