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 | $172,215 | $34,316+401.8% | $74,719+130.5% | $72,983+136.0% |
| Participation rate | 92.9% | 42.4%+50.4pp | 54.5%+38.4pp | 69.5%+23.4pp |
| Annual return | 27.08% | 26.58%+0.5pp | 753.05%-726.0pp | 81.01%-53.9pp |
| Employer contribution / active EE | $5,532 | $692+699.6% | $1,084+410.3% | $2,440+126.7% |
| Participant deferral / active EE | $10,547 | $1,272+729.4% | $1,963+437.2% | $3,608+192.4% |
| Admin fee / account holder | $21,931 | $2,125+932.1% | $3,334+557.7% | $5,124+328.0% |