Filed July 28, 2017
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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 | $94,874 | $78,672+20.6% | $109,163-13.1% | $85,856+10.5% |
| Participation rate | 100.0% | 68.3%+31.7pp | 75.9%+24.1pp | 69.3%+30.7pp |
| Annual return | 10.37% | 25.09%-14.7pp | 25.75%-15.4pp | 318.58%-308.2pp |
| Employer contribution / active EE | $4,548 | $2,734+66.4% | $3,723+22.2% | $2,565+77.3% |
| Participant deferral / active EE | $3,694 | $3,467+6.5% | $4,654-20.6% | $3,952-6.5% |
| Admin fee / account holder | $3,435 | $5,470-37.2% | $6,754-49.1% | $6,261-45.1% |