Filed December 21, 2018
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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 | $89,845 | $30,732+192.3% | $59,496+51.0% | $59,633+50.7% |
| Participation rate | 96.2% | 43.2%+52.9pp | 54.6%+41.6pp | 68.7%+27.5pp |
| Annual return | 1.54% | 4.47%-2.9pp | 182.05%-180.5pp | 2041.45%-2039.9pp |
| Employer contribution / active EE | $4,295 | $631+581.0% | $1,153+272.5% | $2,203+95.0% |
| Participant deferral / active EE | $9,066 | $1,183+666.4% | $1,829+395.6% | $3,192+184.1% |
| Admin fee / account holder | $3,319 | $2,136+55.3% | $2,232+48.7% | $4,297-22.8% |