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 | $55,428 | $106,864-48.1% | $147,318-62.4% | $82,637-32.9% |
| Participation rate | 87.2% | 75.5%+11.7pp | 82.1%+5.1pp | 68.1%+19.1pp |
| Annual return | 19.39% | 27.49%-8.1pp | 70.43%-51.0pp | 53.51%-34.1pp |
| Employer contribution / active EE | $3,258 | $3,417-4.6% | $4,593-29.1% | $2,552+27.7% |
| Participant deferral / active EE | $5,667 | $6,496-12.8% | $7,906-28.3% | $4,126+37.3% |
| Admin fee / account holder | $3,198 | $8,415-62.0% | $13,708-76.7% | $7,339-56.4% |