Filed August 22, 2016 (most recent of 9 filings on file)
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 | $29,701 | $78,707-62.3% | $117,861-74.8% | $70,126-57.6% |
| Participation rate | 59.3% | 73.2%-13.9pp | 79.7%-20.4pp | 69.5%-10.3pp |
| Annual return | 13.34% | 23.30%-10.0pp | 335.11%-321.8pp | 73.15%-59.8pp |
| Employer contribution / active EE | $1,646 | $2,223-26.0% | $3,786-56.5% | $2,343-29.7% |
| Participant deferral / active EE | $3,824 | $3,297+16.0% | $4,482-14.7% | $3,332+14.8% |
| Admin fee / account holder | $11,295 | $5,066+123.0% | $8,021+40.8% | $4,646+143.1% |