Filed March 15, 2021
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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 | $154,984 | $175,231-11.6% | $149,696+3.5% | $139,466+11.1% |
| Participation rate | 83.3% | 83.4%-0.1pp | 78.8%+4.6pp | 80.3%+3.0pp |
| Annual return | 14.59% | 166.77%-152.2pp | 134.46%-119.9pp | 373.66%-359.1pp |
| Employer contribution / active EE | $4,341 | $5,478-20.8% | $4,821-10.0% | $4,754-8.7% |
| Participant deferral / active EE | $4,845 | $6,521-25.7% | $5,682-14.7% | $6,712-27.8% |
| Admin fee / account holder | $1,038 | $16,155-93.6% | $13,212-92.1% | $11,409-90.9% |