Filed March 19, 2019
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,308 | $99,875+24.5% | $146,866-15.4% | $86,983+42.9% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 10.48% | 28.10%-17.6pp | 102.85%-92.4pp | 25.83%-15.4pp |
| Employer contribution / active EE | $3,744 | $3,224+16.1% | $4,425-15.4% | $2,584+44.9% |
| Participant deferral / active EE | $4,737 | $6,322-25.1% | $7,759-39.0% | $4,194+13.0% |
| Admin fee / account holder | $26,413 | $7,838+237.0% | $13,620+93.9% | $7,856+236.2% |