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 | $159,719 | $117,846+35.5% | $102,434+55.9% | $145,884+9.5% |
| Participation rate | 88.2% | 78.6%+9.6pp | 76.5%+11.7pp | 80.3%+7.9pp |
| Annual return | 11.45% | 31.90%-20.5pp | 29.46%-18.0pp | 551.85%-540.4pp |
| Employer contribution / active EE | $2,494 | $3,615-31.0% | $3,023-17.5% | $4,662-46.5% |
| Participant deferral / active EE | $8,019 | $5,733+39.9% | $5,055+58.6% | $6,690+19.9% |
| Admin fee / account holder | $9,845 | $13,356-26.3% | $9,462+4.1% | $13,392-26.5% |