Filed June 7, 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 | $100,024 | $89,515+11.7% | $103,065-2.9% | $80,959+23.5% |
| Participation rate | 100.0% | 76.0%+24.0pp | 80.6%+19.4pp | 67.7%+32.3pp |
| Annual return | 10.98% | 22.82%-11.8pp | 23.95%-13.0pp | 35.67%-24.7pp |
| Employer contribution / active EE | $11,255 | $4,015+180.3% | $4,675+140.8% | $2,757+308.2% |
| Participant deferral / active EE | $10,297 | $5,463+88.5% | $6,625+55.4% | $4,300+139.4% |
| Admin fee / account holder | $16,703 | $6,527+155.9% | $9,349+78.7% | $6,925+141.2% |