Filed April 21, 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 | $133,508 | $58,275+129.1% | $81,844+63.1% | $80,935+65.0% |
| Participation rate | 84.8% | 63.5%+21.4pp | 72.4%+12.5pp | 67.7%+17.2pp |
| Annual return | 10.61% | 41.82%-31.2pp | 778.87%-768.3pp | 35.66%-25.0pp |
| Employer contribution / active EE | $3,311 | $2,346+41.1% | $2,916+13.5% | $2,757+20.1% |
| Participant deferral / active EE | $4,418 | $3,285+34.5% | $4,323+2.2% | $4,299+2.7% |
| Admin fee / account holder | $2,863 | $4,749-39.7% | $7,355-61.1% | $6,924-58.7% |