Filed June 24, 2016
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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 | $162,168 | $72,486+123.7% | $87,103+86.2% | $72,976+122.2% |
| Participation rate | 85.7% | 72.8%+12.9pp | 76.9%+8.8pp | 69.5%+16.2pp |
| Annual return | 6.12% | 24.46%-18.3pp | 28.19%-22.1pp | 81.02%-74.9pp |
| Employer contribution / active EE | $2,887 | $1,894+52.4% | $2,521+14.5% | $2,440+18.3% |
| Participant deferral / active EE | $5,896 | $3,270+80.3% | $4,049+45.6% | $3,608+63.4% |
| Admin fee / account holder | $24,712 | $5,055+388.9% | $7,491+229.9% | $5,124+382.3% |