Filed September 8, 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 | $62,685 | $93,345-32.8% | $119,126-47.4% | $87,485-28.3% |
| Participation rate | 80.5% | 68.7%+11.7pp | 75.8%+4.7pp | 68.9%+11.6pp |
| Annual return | 10.38% | 19.08%-8.7pp | 282.11%-271.7pp | 26.06%-15.7pp |
| Employer contribution / active EE | $5,435 | $3,172+71.4% | $4,034+34.7% | $2,596+109.3% |
| Participant deferral / active EE | $10,591 | $4,099+158.4% | $5,318+99.2% | $4,274+147.8% |
| Admin fee / account holder | $17,753 | $8,039+120.8% | $10,693+66.0% | $7,775+128.3% |