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 | $96,731-35.2% | $123,973-49.4% | $86,983-27.9% |
| Participation rate | 80.5% | 70.0%+10.5pp | 76.7%+3.8pp | 69.5%+10.9pp |
| Annual return | 10.38% | 17.33%-6.9pp | 388.13%-377.8pp | 25.83%-15.5pp |
| Employer contribution / active EE | $5,435 | $3,297+64.8% | $4,126+31.7% | $2,584+110.3% |
| Participant deferral / active EE | $10,591 | $4,152+155.1% | $5,247+101.9% | $4,194+152.5% |
| Admin fee / account holder | $17,753 | $8,722+103.5% | $11,799+50.5% | $7,856+126.0% |