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 | $211,080 | $202,345+4.3% | $172,755+22.2% | $152,885+38.1% |
| Participation rate | 100.0% | 87.1%+12.9pp | 82.6%+17.4pp | 82.5%+17.5pp |
| Annual return | 18.69% | 1029.77%-1011.1pp | 802.94%-784.2pp | 345.39%-326.7pp |
| Employer contribution / active EE | $9,531 | $5,858+62.7% | $5,144+85.3% | $4,763+100.1% |
| Participant deferral / active EE | $5,988 | $5,948+0.7% | $5,198+15.2% | $5,851+2.3% |
| Admin fee / account holder | $1,174 | $17,111-93.1% | $13,955-91.6% | $11,598-89.9% |