Filed November 17, 2017
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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 | $31,576 | $56,544-44.2% | $75,501-58.2% | $70,126-55.0% |
| Participation rate | 90.3% | 68.1%+22.2pp | 72.4%+17.9pp | 69.5%+20.7pp |
| Annual return | 11.35% | 23.59%-12.2pp | 27.35%-16.0pp | 73.15%-61.8pp |
| Employer contribution / active EE | $1,819 | $1,817+0.1% | $2,352-22.6% | $2,343-22.3% |
| Participant deferral / active EE | $3,133 | $2,580+21.4% | $3,142-0.3% | $3,332-6.0% |
| Admin fee / account holder | $2,274 | $3,827-40.6% | $5,801-60.8% | $4,645-51.1% |