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 | $80,332+47.2% | $107,187+10.3% | $64,097+84.5% |
| Participation rate | 91.3% | 54.4%+36.9pp | 75.0%+16.2pp | 55.2%+36.1pp |
| Annual return | 20.39% | 24.26%-3.9pp | 204.55%-184.2pp | 34.64%-14.3pp |
| Employer contribution / active EE | $4,673 | $2,501+86.8% | $3,782+23.6% | $1,891+147.1% |
| Participant deferral / active EE | $11,065 | $3,109+255.9% | $5,096+117.1% | $3,080+259.3% |
| Admin fee / account holder | $4,009 | $4,314-7.1% | $9,162-56.2% | $3,454+16.1% |