Filed September 10, 2018
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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 | $40,856 | $85,766-52.4% | $136,298-70.0% | $70,126-41.7% |
| Participation rate | 75.0% | 74.2%+0.8pp | 81.9%-6.9pp | 69.5%+5.5pp |
| Annual return | 10.87% | 31.46%-20.6pp | 5156.27%-5145.4pp | 73.15%-62.3pp |
| Employer contribution / active EE | $1,523 | $2,966-48.7% | $4,696-67.6% | $2,343-35.0% |
| Participant deferral / active EE | $2,288 | $5,051-54.7% | $6,247-63.4% | $3,332-31.3% |
| Admin fee / account holder | $502 | $5,421-90.7% | $9,244-94.6% | $4,645-89.2% |