Filed April 23, 2020 (most recent of 3 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $125,441 | $100,060+25.4% | $149,721-16.2% | $70,126+78.9% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.1%+12.9pp | 69.5%+30.5pp |
| Annual return | 11.99% | 27.46%-15.5pp | 1501.67%-1489.7pp | 73.15%-61.2pp |
| Employer contribution / active EE | $4,813 | $3,661+31.5% | $5,444-11.6% | $2,343+105.5% |
| Participant deferral / active EE | $5,616 | $4,982+12.7% | $6,568-14.5% | $3,332+68.6% |
| Admin fee / account holder | $18,709 | $8,285+125.8% | $11,282+65.8% | $4,645+302.7% |