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 | $38,855 | $56,134-30.8% | $96,171-59.6% | $85,847-54.7% |
| Participation rate | 90.9% | 56.7%+34.2pp | 68.4%+22.5pp | 69.3%+21.6pp |
| Annual return | 6.26% | 42.30%-36.0pp | 192.04%-185.8pp | 318.61%-312.3pp |
| Employer contribution / active EE | $2,467 | $1,620+52.3% | $2,799-11.9% | $2,565-3.8% |
| Participant deferral / active EE | $4,433 | $2,858+55.1% | $4,350+1.9% | $3,952+12.2% |
| Admin fee / account holder | $48,543 | $3,769+1188.0% | $5,538+776.5% | $6,261+675.4% |