Filed May 22, 2019
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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 | $55,640 | $201,344-72.4% | $184,243-69.8% | $145,877-61.9% |
| Participation rate | 100.0% | 87.5%+12.5pp | 86.8%+13.2pp | 80.3%+19.7pp |
| Annual return | -9.31% | 29.01%-38.3pp | 28.82%-38.1pp | 551.28%-560.6pp |
| Employer contribution / active EE | $2,536 | $7,022-63.9% | $6,427-60.5% | $4,663-45.6% |
| Participant deferral / active EE | $8,329 | $9,807-15.1% | $9,132-8.8% | $6,691+24.5% |
| Admin fee / account holder | $11,225 | $16,382-31.5% | $13,914-19.3% | $13,402-16.2% |