Filed November 20, 2019
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,136 | $93,137-84.8% | $77,113-81.7% | $134,554-89.5% |
| Participation rate | 0.0% | 74.5%-74.5pp | 67.9%-67.9pp | 81.2%-81.2pp |
| Annual return | -17.84% | 62.70%-80.5pp | 42.37%-60.2pp | 418.46%-436.3pp |
| Employer contribution / active EE | $0 | $3,422-100.0% | $2,815-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $0 | $5,243-100.0% | $4,430-100.0% | $6,401-100.0% |
| Admin fee / account holder | $1,028 | $6,971-85.3% | $5,445-81.1% | $11,430-91.0% |