Filed July 5, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,586 | $202,463-89.8% | $169,397-87.8% | $139,487-85.2% |
| Participation rate | 100.0% | 81.1%+18.9pp | 77.2%+22.8pp | 80.3%+19.7pp |
| Annual return | 20.62% | 532.64%-512.0pp | 406.23%-385.6pp | 373.84%-353.2pp |
| Employer contribution / active EE | $3,787 | $4,694-19.3% | $4,013-5.6% | $4,755-20.4% |
| Participant deferral / active EE | $3,119 | $6,941-55.1% | $6,223-49.9% | $6,713-53.5% |
| Admin fee / account holder | $2,582 | $10,726-75.9% | $9,017-71.4% | $11,407-77.4% |