Filed February 24, 2020
Total covered: 4 employees
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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 | $140,376 | $77,814+80.4% | $158,223-11.3% | $86,983+61.4% |
| Participation rate | 91.2% | 68.4%+22.8pp | 79.2%+12.0pp | 69.5%+21.6pp |
| Annual return | 5.05% | 30.54%-25.5pp | 52.09%-47.0pp | 25.83%-20.8pp |
| Employer contribution / active EE | $10,542 | $2,592+306.7% | $4,109+156.6% | $2,584+307.9% |
| Participant deferral / active EE | $1,468 | $3,270-55.1% | $5,467-73.2% | $4,194-65.0% |
| Admin fee / account holder | $611 | $5,879-89.6% | $16,047-96.2% | $7,856-92.2% |