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 | $164,764 | $180,462-8.7% | $154,111+6.9% | $135,379+21.7% |
| Participation rate | 100.0% | 87.4%+12.6pp | 83.0%+17.0pp | 82.6%+17.4pp |
| Annual return | -6.34% | 888.17%-894.5pp | 735.18%-741.5pp | 519.79%-526.1pp |
| Employer contribution / active EE | $9,940 | $6,036+64.7% | $5,298+87.6% | $4,779+108.0% |
| Participant deferral / active EE | $5,500 | $5,806-5.3% | $5,081+8.3% | $5,609-1.9% |
| Admin fee / account holder | $1,082 | $16,145-93.3% | $13,411-91.9% | $10,828-90.0% |