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 | $36,953 | $45,872-19.4% | $77,096-52.1% | $68,486-46.0% |
| Participation rate | 59.7% | 55.9%+3.8pp | 67.9%-8.2pp | 67.9%-8.2pp |
| Annual return | -15.56% | 1.73%-17.3pp | 42.35%-57.9pp | -7.85%-7.7pp |
| Employer contribution / active EE | $1,665 | $1,650+1.0% | $2,814-40.8% | $2,597-35.9% |
| Participant deferral / active EE | $3,948 | $2,963+33.2% | $4,429-10.9% | $4,028-2.0% |
| Admin fee / account holder | $2,728 | $3,041-10.3% | $5,428-49.8% | $5,404-49.5% |