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 | $130,154 | $123,793+5.1% | $177,848-26.8% | $79,856+63.0% |
| Participation rate | 100.0% | 84.7%+15.3pp | 87.7%+12.3pp | 69.6%+30.4pp |
| Annual return | 7.46% | 22.82%-15.4pp | 48.33%-40.9pp | 31.71%-24.2pp |
| Employer contribution / active EE | $5,822 | $4,095+42.2% | $5,919-1.6% | $2,471+135.6% |
| Participant deferral / active EE | $5,079 | $5,956-14.7% | $7,714-34.2% | $3,741+35.8% |
| Admin fee / account holder | $29,706 | $7,243+310.2% | $12,431+139.0% | $5,306+459.8% |