Filed January 17, 2019
Total covered: 3 employees
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,274 | $43,730+92.7% | $121,220-30.5% | $64,173+31.3% |
| Participation rate | 100.0% | 58.3%+41.7pp | 71.8%+28.2pp | 69.6%+30.4pp |
| Annual return | -1.62% | 68.94%-70.6pp | 16.94%-18.6pp | 7.63%-9.3pp |
| Employer contribution / active EE | $7,902 | $1,297+509.4% | $4,023+96.4% | $2,381+231.9% |
| Participant deferral / active EE | $5,361 | $2,281+135.1% | $3,345+60.3% | $3,470+54.5% |
| Admin fee / account holder | $2,749 | $3,502-21.5% | $5,021-45.2% | $4,887-43.8% |