Filed August 23, 2016
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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 | $84,530 | $225,673-62.5% | $203,872-58.5% | $155,188-45.5% |
| Participation rate | 87.0% | 80.3%+6.6pp | 77.8%+9.2pp | 80.8%+6.2pp |
| Annual return | 11.83% | 95.91%-84.1pp | 85.11%-73.3pp | 148.84%-137.0pp |
| Employer contribution / active EE | $3,525 | $4,099-14.0% | $3,757-6.2% | $4,248-17.0% |
| Participant deferral / active EE | $4,068 | $6,893-41.0% | $6,388-36.3% | $6,531-37.7% |
| Admin fee / account holder | $6,202 | $12,327-49.7% | $11,730-47.1% | $14,480-57.2% |