Filed August 29, 2018 (most recent of 6 filings on file)
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $150,415 | $167,415-10.2% | $140,514+7.0% | $198,609-24.3% |
| Participation rate | 81.0% | 80.9%+0.1pp | 77.8%+3.2pp | 82.4%-1.4pp |
| Annual return | 12.99% | 13.85%-0.9pp | 14.36%-1.4pp | 202.70%-189.7pp |
| Employer contribution / active EE | $1,063 | $4,088-74.0% | $3,378-68.5% | $5,055-79.0% |
| Participant deferral / active EE | $3,519 | $5,579-36.9% | $4,919-28.5% | $6,977-49.6% |
| Admin fee / account holder | $1,958 | $16,730-88.3% | $13,697-85.7% | $19,030-89.7% |