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 | $135,011 | $138,114-2.2% | $125,391+7.7% | $134,545+0.3% |
| Participation rate | 95.2% | 84.5%+10.7pp | 82.4%+12.9pp | 81.2%+14.0pp |
| Annual return | -15.97% | 750.88%-766.9pp | 572.41%-588.4pp | 418.37%-434.3pp |
| Employer contribution / active EE | $902 | $5,246-82.8% | $4,816-81.3% | $4,742-81.0% |
| Participant deferral / active EE | $10,923 | $7,801+40.0% | $7,448+46.7% | $6,401+70.6% |
| Admin fee / account holder | $11,309 | $11,570-2.3% | $10,009+13.0% | $11,431-1.1% |