Filed October 25, 2018
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Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $190,033 | $160,070+18.7% | $147,117+29.2% | $145,897+30.3% |
| Participation rate | 86.4% | 84.0%+2.3pp | 82.2%+4.2pp | 80.3%+6.1pp |
| Annual return | 13.51% | 98.69%-85.2pp | 420.54%-407.0pp | 552.29%-538.8pp |
| Employer contribution / active EE | $889 | $5,285-83.2% | $4,932-82.0% | $4,663-80.9% |
| Participant deferral / active EE | $10,457 | $8,419+24.2% | $8,065+29.7% | $6,689+56.3% |
| Admin fee / account holder | $4,872 | $15,035-67.6% | $12,993-62.5% | $13,390-63.6% |