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 | $101,653-61.0% | $147,080-73.1% | $74,459-46.8% |
| Participation rate | 72.9% | 75.6%-2.7pp | 82.2%-9.3pp | 67.2%+5.7pp |
| Annual return | 12.87% | 8754.98%-8742.1pp | 420.17%-407.3pp | 1369.70%-1356.8pp |
| Employer contribution / active EE | $2,044 | $3,813-46.4% | $4,933-58.6% | $2,626-22.2% |
| Participant deferral / active EE | $3,439 | $7,304-52.9% | $8,066-57.4% | $4,350-20.9% |
| Admin fee / account holder | $12,095 | $1,752+590.6% | $12,989-6.9% | $1,945+521.9% |