Filed December 18, 2019
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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 | $39,611 | $101,591-61.0% | $147,096-73.1% | $74,429-46.8% |
| Participation rate | 72.9% | 75.5%-2.7pp | 82.2%-9.3pp | 67.2%+5.7pp |
| Annual return | 12.87% | 8746.45%-8733.6pp | 419.75%-406.9pp | 1368.38%-1355.5pp |
| Employer contribution / active EE | $2,044 | $3,813-46.4% | $4,936-58.6% | $2,625-22.1% |
| Participant deferral / active EE | $3,439 | $7,302-52.9% | $8,071-57.4% | $4,348-20.9% |
| Admin fee / account holder | $12,095 | $1,750+591.1% | $13,005-7.0% | $1,944+522.1% |