Filed February 4, 2020
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,276 | $111,335-23.4% | $214,702-60.3% | $65,306+30.6% |
| Participation rate | 99.0% | 77.5%+21.5pp | 87.5%+11.6pp | 57.7%+41.4pp |
| Annual return | 53.63% | 22.64%+31.0pp | 54.55%-0.9pp | 21.94%+31.7pp |
| Employer contribution / active EE | $5,058 | $3,806+32.9% | $6,461-21.7% | $1,967+157.1% |
| Participant deferral / active EE | $6,696 | $5,927+13.0% | $9,147-26.8% | $2,959+126.3% |
| Admin fee / account holder | $5,714 | $5,028+13.6% | $19,830-71.2% | $3,480+64.2% |