Filed October 1, 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 | $14,262 | $77,638-81.6% | $156,551-90.9% | $62,881-77.3% |
| Participation rate | 76.0% | 71.2%+4.8pp | 84.0%-8.0pp | 69.3%+6.7pp |
| Annual return | 5.57% | 50.33%-44.8pp | 32.23%-26.7pp | 20.14%-14.6pp |
| Employer contribution / active EE | $0 | $3,444-100.0% | $5,501-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,623 | $3,046-13.9% | $4,871-46.2% | $3,203-18.1% |
| Admin fee / account holder | $6,285 | $5,561+13.0% | $13,028-51.8% | $4,296+46.3% |