Filed December 13, 2016
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,593 | $112,121-9.4% | $95,960+5.9% | $158,966-36.1% |
| Participation rate | 90.9% | 79.0%+11.9pp | 77.1%+13.8pp | 82.0%+8.9pp |
| Annual return | 194.35% | 171.16%+23.2pp | 91.63%+102.7pp | 302.95%-108.6pp |
| Employer contribution / active EE | $9,546 | $3,199+198.4% | $2,541+275.6% | $4,762+100.4% |
| Participant deferral / active EE | $4,812 | $4,784+0.6% | $4,167+15.5% | $5,983-19.6% |
| Admin fee / account holder | $1,085 | $10,135-89.3% | $6,797-84.0% | $11,250-90.4% |