Filed October 28, 2019
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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 | $58,672 | $81,870-28.3% | $119,608-50.9% | $68,495-14.3% |
| Participation rate | 92.5% | 71.9%+20.6pp | 79.3%+13.2pp | 67.9%+24.6pp |
| Annual return | -21.49% | -23.82%+2.3pp | -14.98%-6.5pp | -7.84%-13.6pp |
| Employer contribution / active EE | $2,665 | $2,692-1.0% | $4,232-37.0% | $2,596+2.6% |
| Participant deferral / active EE | $6,375 | $4,148+53.7% | $5,601+13.8% | $4,028+58.3% |
| Admin fee / account holder | $2,383 | $6,583-63.8% | $10,326-76.9% | $5,403-55.9% |