Filed August 22, 2019 (most recent of 5 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 | $215,852 | $54,370+297.0% | $82,763+160.8% | $68,490+215.2% |
| Participation rate | 90.5% | 63.9%+26.5pp | 72.6%+17.9pp | 67.9%+22.6pp |
| Annual return | -20.57% | -13.67%-6.9pp | 702.45%-723.0pp | -7.85%-12.7pp |
| Employer contribution / active EE | $14,027 | $2,219+532.1% | $3,008+366.3% | $2,597+440.2% |
| Participant deferral / active EE | $10,140 | $3,247+212.3% | $4,395+130.7% | $4,028+151.8% |
| Admin fee / account holder | $39,295 | $4,398+793.5% | $5,325+637.9% | $5,403+627.3% |