Filed January 23, 2018
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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 | $46,684 | $102,385-54.4% | $147,080-68.3% | $80,935-42.3% |
| Participation rate | 97.1% | 75.9%+21.2pp | 82.2%+14.9pp | 67.7%+29.4pp |
| Annual return | 18.76% | 135.09%-116.3pp | 420.17%-401.4pp | 35.66%-16.9pp |
| Employer contribution / active EE | $3,837 | $3,717+3.2% | $4,933-22.2% | $2,757+39.2% |
| Participant deferral / active EE | $6,558 | $6,651-1.4% | $8,066-18.7% | $4,299+52.5% |
| Admin fee / account holder | $1,456 | $7,951-81.7% | $12,989-88.8% | $6,924-79.0% |