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 | $106,864+398.8% | $147,318+261.9% | $82,637+545.1% |
| Participation rate | 91.1% | 75.5%+15.6pp | 82.1%+9.0pp | 68.1%+23.1pp |
| Annual return | 15.59% | 27.49%-11.9pp | 70.43%-54.8pp | 53.51%-37.9pp |
| Employer contribution / active EE | $7,507 | $3,417+119.7% | $4,593+63.4% | $2,552+194.1% |
| Participant deferral / active EE | $15,093 | $6,496+132.4% | $7,906+90.9% | $4,126+265.8% |
| Admin fee / account holder | $8,649 | $8,415+2.8% | $13,708-36.9% | $7,339+17.8% |