Filed July 19, 2018
Total covered: 6 employees
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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 | $207,474 | $71,878+188.6% | $86,698+139.3% | $68,486+202.9% |
| Participation rate | 85.2% | 72.2%+12.9pp | 76.6%+8.6pp | 67.9%+17.3pp |
| Annual return | -29.96% | 3.53%-33.5pp | 35.95%-65.9pp | -7.85%-22.1pp |
| Employer contribution / active EE | $2,485 | $2,173+14.3% | $2,837-12.4% | $2,597-4.3% |
| Participant deferral / active EE | $6,584 | $3,779+74.2% | $4,656+41.4% | $4,028+63.5% |
| Admin fee / account holder | $4,977 | $6,113-18.6% | $7,493-33.6% | $5,404-7.9% |