Filed May 10, 2018
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,549 | $146,267-42.2% | $197,124-57.1% | $82,448+2.5% |
| Participation rate | 98.2% | 84.0%+14.2pp | 86.7%+11.5pp | 68.1%+30.2pp |
| Annual return | 12.09% | 29.61%-17.5pp | 44.34%-32.3pp | 41.64%-29.6pp |
| Employer contribution / active EE | $1,704 | $4,723-63.9% | $6,227-72.6% | $2,551-33.2% |
| Participant deferral / active EE | $4,980 | $7,035-29.2% | $9,135-45.5% | $4,139+20.3% |
| Admin fee / account holder | $26,787 | $14,422+85.7% | $16,298+64.4% | $7,234+270.3% |