Filed February 10, 2020
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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 | $45,349 | $115,814-60.8% | $101,275-55.2% | $158,982-71.5% |
| Participation rate | 100.0% | 79.4%+20.6pp | 75.8%+24.2pp | 82.0%+18.0pp |
| Annual return | 4.34% | 56.16%-51.8pp | 46.48%-42.1pp | 302.99%-298.6pp |
| Employer contribution / active EE | $3,353 | $4,176-19.7% | $3,660-8.4% | $4,763-29.6% |
| Participant deferral / active EE | $6,087 | $4,958+22.8% | $4,371+39.3% | $5,983+1.7% |
| Admin fee / account holder | $380,567 | $7,249+5150.0% | $5,948+6298.3% | $11,252+3282.3% |