Filed September 22, 2017
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $3,881 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,542 | $80,360-75.7% | $90,161-78.3% | $77,958-74.9% |
| Participation rate | 92.5% | 81.9%+10.6pp | 76.9%+15.6pp | 71.6%+20.8pp |
| Annual return | 0.00% | 24.56%-24.6pp | 34.89%-34.9pp | 20.87%-20.9pp |
| Employer contribution / active EE | $3,017 | $2,326+29.7% | $3,318-9.1% | $2,310+30.6% |
| Participant deferral / active EE | $1,076 | $5,829-81.5% | $5,287-79.7% | $3,537-69.6% |
| Admin fee / account holder | $4 | $64-93.9% | $5,943-99.9% | $97-96.0% |