Filed July 1, 2019
Total covered: 2 employees
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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 | $119,196 | $83,485+42.8% | $125,195-4.8% | $72,976+63.3% |
| Participation rate | 85.7% | 73.3%+12.4pp | 79.8%+5.9pp | 69.5%+16.2pp |
| Annual return | 19.28% | 25.77%-6.5pp | 43.79%-24.5pp | 81.02%-61.7pp |
| Employer contribution / active EE | $1,635 | $2,346-30.3% | $3,866-57.7% | $2,440-33.0% |
| Participant deferral / active EE | $3,196 | $3,586-10.9% | $4,937-35.3% | $3,608-11.4% |
| Admin fee / account holder | $5,787 | $5,518+4.9% | $9,704-40.4% | $5,124+12.9% |