Filed March 23, 2020
Total covered: 9 employees
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $533,073 | $106,524+400.4% | $152,301+250.0% | $87,485+509.3% |
| Participation rate | 91.1% | 75.8%+15.4pp | 82.4%+8.7pp | 68.9%+22.2pp |
| Annual return | 15.59% | 26.89%-11.3pp | 80.50%-64.9pp | 26.06%-10.5pp |
| Employer contribution / active EE | $7,507 | $3,371+122.7% | $4,624+62.3% | $2,596+189.1% |
| Participant deferral / active EE | $15,093 | $6,525+131.3% | $8,004+88.6% | $4,274+253.2% |
| Admin fee / account holder | $8,649 | $8,287+4.4% | $14,398-39.9% | $7,775+11.2% |