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 | $78,690+78.4% | $161,489-13.1% | $87,485+60.5% |
| Participation rate | 91.2% | 67.5%+23.7pp | 78.7%+12.5pp | 68.9%+22.2pp |
| Annual return | 5.05% | 32.74%-27.7pp | 89.72%-84.7pp | 26.06%-21.0pp |
| Employer contribution / active EE | $10,542 | $2,588+307.3% | $4,268+147.0% | $2,596+306.1% |
| Participant deferral / active EE | $1,468 | $3,311-55.7% | $5,630-73.9% | $4,274-65.7% |
| Admin fee / account holder | $611 | $6,724-90.9% | $16,006-96.2% | $7,775-92.1% |