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 | $78,889 | $81,476-3.2% | $102,383-22.9% | $80,925-2.5% |
| Participation rate | 98.7% | 66.8%+31.9pp | 74.5%+24.2pp | 67.7%+31.1pp |
| Annual return | 9.22% | 25.59%-16.4pp | 24.94%-15.7pp | 35.65%-26.4pp |
| Employer contribution / active EE | $5,402 | $3,105+74.0% | $3,870+39.6% | $2,756+96.0% |
| Participant deferral / active EE | $4,956 | $3,871+28.0% | $5,060-2.1% | $4,299+15.3% |
| Admin fee / account holder | $5,722 | $6,717-14.8% | $8,391-31.8% | $6,940-17.6% |