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 | $121,671-29.9% | $211,142-59.6% | $64,340+32.5% |
| Participation rate | 99.0% | 76.5%+22.6pp | 87.3%+11.7pp | 55.2%+43.8pp |
| Annual return | 53.63% | 21.43%+32.2pp | 46.84%+6.8pp | 24.14%+29.5pp |
| Employer contribution / active EE | $5,058 | $4,066+24.4% | $6,442-21.5% | $1,862+171.7% |
| Participant deferral / active EE | $6,696 | $6,049+10.7% | $9,284-27.9% | $2,980+124.7% |
| Admin fee / account holder | $5,714 | $4,774+19.7% | $19,076-70.0% | $3,703+54.3% |