Filed June 29, 2016
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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 | $26,939 | $109,872-75.5% | $98,483-72.6% | $167,536-83.9% |
| Participation rate | 76.9% | 75.8%+1.1pp | 73.3%+3.6pp | 82.1%-5.2pp |
| Annual return | 13.44% | 1959.31%-1945.9pp | 1494.38%-1480.9pp | 478.82%-465.4pp |
| Employer contribution / active EE | $0 | $3,225-100.0% | $2,961-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $4,000 | $4,673-14.4% | $4,276-6.5% | $6,342-36.9% |
| Admin fee / account holder | $8,978 | $6,757+32.9% | $5,953+50.8% | $12,315-27.1% |