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 | $121,185 | $35,183+244.4% | $73,550+64.8% | $70,126+72.8% |
| Participation rate | 85.7% | 42.9%+42.8pp | 54.9%+30.8pp | 69.5%+16.2pp |
| Annual return | 14.52% | 26.90%-12.4pp | -15.16%+29.7pp | 73.15%-58.6pp |
| Employer contribution / active EE | $4,135 | $709+483.5% | $1,219+239.2% | $2,343+76.5% |
| Participant deferral / active EE | $8,551 | $1,220+601.0% | $1,804+374.0% | $3,332+156.7% |
| Admin fee / account holder | $11,726 | $2,302+409.3% | $2,320+405.5% | $4,645+152.4% |