Filed February 19, 2020 (most recent of 2 filings on file)
Total covered: 3 employees
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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,767 | $89,370-21.9% | $141,197-50.6% | $72,976-4.4% |
| Participation rate | 61.1% | 75.1%-14.0pp | 82.5%-21.4pp | 69.5%-8.4pp |
| Annual return | 27.05% | 111.88%-84.8pp | 71.41%-44.4pp | 81.02%-54.0pp |
| Employer contribution / active EE | $2,157 | $3,115-30.8% | $4,736-54.5% | $2,440-11.6% |
| Participant deferral / active EE | $5,203 | $5,419-4.0% | $6,710-22.5% | $3,608+44.2% |
| Admin fee / account holder | $1,435 | $5,957-75.9% | $10,265-86.0% | $5,124-72.0% |