Filed March 18, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,546 | $65,440-13.6% | $98,506-42.6% | $85,851-34.1% |
| Participation rate | 94.0% | 65.0%+29.0pp | 73.3%+20.7pp | 69.3%+24.7pp |
| Annual return | 15.06% | 21.75%-6.7pp | 1494.92%-1479.9pp | 318.63%-303.6pp |
| Employer contribution / active EE | $3,819 | $2,169+76.1% | $2,961+29.0% | $2,565+48.9% |
| Participant deferral / active EE | $5,857 | $3,168+84.9% | $4,277+36.9% | $3,952+48.2% |
| Admin fee / account holder | $3,605 | $4,596-21.6% | $5,955-39.5% | $6,261-42.4% |