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 | $60,345 | $105,198-42.6% | $159,455-62.2% | $85,856-29.7% |
| Participation rate | 46.9% | 75.8%-28.9pp | 82.8%-36.0pp | 69.3%-22.4pp |
| Annual return | 19.15% | 45.08%-25.9pp | 263.63%-244.5pp | 318.58%-299.4pp |
| Employer contribution / active EE | $1,822 | $3,319-45.1% | $4,830-62.3% | $2,565-29.0% |
| Participant deferral / active EE | $3,987 | $5,946-32.9% | $7,353-45.8% | $3,952+0.9% |
| Admin fee / account holder | $1,520 | $6,934-78.1% | $10,800-85.9% | $6,261-75.7% |