Filed January 6, 2016
Total covered: 2 employees
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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 | $49,107 | $138,393-64.5% | $184,256-73.3% | $80,959-39.3% |
| Participation rate | 93.1% | 83.9%+9.2pp | 86.8%+6.3pp | 67.7%+25.4pp |
| Annual return | 10.08% | 20.01%-9.9pp | 28.85%-18.8pp | 35.67%-25.6pp |
| Employer contribution / active EE | $1,959 | $4,847-59.6% | $6,427-69.5% | $2,757-28.9% |
| Participant deferral / active EE | $3,355 | $7,076-52.6% | $9,133-63.3% | $4,300-22.0% |
| Admin fee / account holder | $11,158 | $10,489+6.4% | $13,899-19.7% | $6,925+61.1% |