Filed April 29, 2016
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $133,539 | $168,635-20.8% | $147,617-9.5% | $125,389+6.5% |
| Participation rate | 100.0% | 88.8%+11.2pp | 84.6%+15.4pp | 83.2%+16.8pp |
| Annual return | -1.45% | 77.65%-79.1pp | 61.98%-63.4pp | 282.24%-283.7pp |
| Employer contribution / active EE | $10,001 | $6,252+60.0% | $5,564+79.7% | $4,866+105.5% |
| Participant deferral / active EE | $6,560 | $5,507+19.1% | $4,895+34.0% | $5,352+22.6% |
| Admin fee / account holder | $1,204 | $13,580-91.1% | $11,612-89.6% | $9,541-87.4% |