Filed July 15, 2016
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287 | Directed Trustee | $17,751 |
Filed as: HORIZON WEALTH MANAGEMENT LLC Service code 27 22 CALENDAR CT 2ND FL · LA GRANGE, IL 60525 | Advisory (Plan) | $12,099 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,478 | $34,634+169.9% | $77,096+21.2% | $64,819+44.2% |
| Participation rate | 5.6% | 49.8%-44.3pp | 67.9%-62.4pp | 71.5%-65.9pp |
| Annual return | -15.75% | -5.31%-10.4pp | 42.35%-58.1pp | 32.84%-48.6pp |
| Employer contribution / active EE | $211 | $1,385-84.8% | $2,814-92.5% | $2,507-91.6% |
| Participant deferral / active EE | $373 | $2,553-85.4% | $4,429-91.6% | $4,311-91.4% |
| Admin fee / account holder | $360 | $178+101.7% | $5,428-93.4% | $188+91.5% |