Filed October 27, 2014
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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.
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $386,229 | $110,083+250.9% | $151,645+154.7% | $68,490+463.9% |
| Participation rate | 100.0% | 84.0%+16.0pp | 87.5%+12.5pp | 67.9%+32.1pp |
| Annual return | -18.65% | -10.12%-8.5pp | 3.34%-22.0pp | -7.85%-10.8pp |
| Employer contribution / active EE | $12,382 | $4,470+177.0% | $6,165+100.8% | $2,597+376.8% |
| Participant deferral / active EE | $14,413 | $6,526+120.8% | $8,363+72.4% | $4,028+257.9% |
| Admin fee / account holder | $8,702 | $7,718+12.8% | $11,614-25.1% | $5,403+61.1% |