Filed February 22, 2019 (most recent of 2 filings on file)
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,242 | $185,905-91.3% | $170,057-90.4% | $139,487-88.4% |
| Participation rate | 100.0% | 87.8%+12.2pp | 87.0%+13.0pp | 80.3%+19.7pp |
| Annual return | 19.13% | 60.56%-41.4pp | 53.42%-34.3pp | 373.84%-354.7pp |
| Employer contribution / active EE | $3,652 | $7,597-51.9% | $6,790-46.2% | $4,755-23.2% |
| Participant deferral / active EE | $3,054 | $11,627-73.7% | $10,411-70.7% | $6,713-54.5% |
| Admin fee / account holder | $1,351 | $15,397-91.2% | $12,826-89.5% | $11,407-88.2% |