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 | $42,605 | $53,546-20.4% | $69,884-39.0% | $68,486-37.8% |
| Participation rate | 82.4% | 64.5%+17.8pp | 70.5%+11.9pp | 67.9%+14.5pp |
| Annual return | -19.95% | -13.87%-6.1pp | 190.81%-210.8pp | -7.85%-12.1pp |
| Employer contribution / active EE | $2,333 | $2,019+15.6% | $2,560-8.9% | $2,597-10.1% |
| Participant deferral / active EE | $5,615 | $2,957+89.9% | $3,848+45.9% | $4,028+39.4% |
| Admin fee / account holder | $2,009 | $4,693-57.2% | $6,266-67.9% | $5,404-62.8% |