Filed July 24, 2017
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $118,238 | $83,369+41.8% | $105,223+12.4% | $67,986+73.9% |
| Participation rate | 91.3% | 56.3%+35.0pp | 75.0%+16.2pp | 57.2%+34.1pp |
| Annual return | 20.39% | 24.64%-4.3pp | 180.65%-160.3pp | 31.67%-11.3pp |
| Employer contribution / active EE | $4,673 | $2,541+83.9% | $3,689+26.7% | $2,019+131.5% |
| Participant deferral / active EE | $11,065 | $3,295+235.8% | $5,072+118.2% | $3,358+229.5% |
| Admin fee / account holder | $4,009 | $4,073-1.6% | $8,859-54.7% | $3,203+25.2% |