Filed May 10, 2018 (most recent of 3 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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,704 | $72,273-34.0% | $101,275-52.9% | $79,856-40.3% |
| Participation rate | 94.7% | 68.5%+26.3pp | 75.8%+18.9pp | 69.6%+25.1pp |
| Annual return | 24.83% | 22.30%+2.5pp | 46.48%-21.7pp | 31.71%-6.9pp |
| Employer contribution / active EE | $5,185 | $2,691+92.7% | $3,660+41.7% | $2,471+109.8% |
| Participant deferral / active EE | $5,643 | $3,282+72.0% | $4,371+29.1% | $3,741+50.9% |
| Admin fee / account holder | $1,263 | $4,401-71.3% | $5,948-78.8% | $5,306-76.2% |