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 | $28,144 | $92,766-69.7% | $82,763-66.0% | $134,545-79.1% |
| Participation rate | 70.0% | 75.2%-5.2pp | 72.6%-2.6pp | 81.2%-11.2pp |
| Annual return | -18.83% | 946.97%-965.8pp | 702.45%-721.3pp | 418.37%-437.2pp |
| Employer contribution / active EE | $220 | $3,273-93.3% | $3,008-92.7% | $4,742-95.4% |
| Participant deferral / active EE | $5,493 | $4,802+14.4% | $4,395+25.0% | $6,401-14.2% |
| Admin fee / account holder | $786 | $5,978-86.8% | $5,325-85.2% | $11,431-93.1% |