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 | $89,532+11.7% | $103,447-3.3% | $80,925+23.6% |
| Participation rate | 100.0% | 76.0%+24.0pp | 80.5%+19.5pp | 67.7%+32.3pp |
| Annual return | 10.98% | 22.80%-11.8pp | 23.92%-12.9pp | 35.65%-24.7pp |
| Employer contribution / active EE | $11,255 | $4,023+179.8% | $4,678+140.6% | $2,756+308.4% |
| Participant deferral / active EE | $10,297 | $5,459+88.6% | $6,624+55.4% | $4,299+139.5% |
| Admin fee / account holder | $16,703 | $6,774+146.6% | $9,415+77.4% | $6,940+140.7% |