Filed August 29, 2018
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,951 | $201,344-44.9% | $184,243-39.8% | $145,877-23.9% |
| Participation rate | 90.9% | 87.5%+3.4pp | 86.8%+4.1pp | 80.3%+10.6pp |
| Annual return | 7.16% | 29.01%-21.8pp | 28.82%-21.7pp | 551.28%-544.1pp |
| Employer contribution / active EE | $2,499 | $7,022-64.4% | $6,427-61.1% | $4,663-46.4% |
| Participant deferral / active EE | $3,914 | $9,807-60.1% | $9,132-57.1% | $6,691-41.5% |
| Admin fee / account holder | $48,824 | $16,382+198.0% | $13,914+250.9% | $13,402+264.3% |