Filed February 24, 2020
Total covered: 4 employees
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Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $136,724 | $198,462-31.1% | $170,439-19.8% | $147,585-7.4% |
| Participation rate | 80.0% | 88.0%-8.0pp | 83.6%-3.6pp | 82.8%-2.8pp |
| Annual return | 11.44% | 257.30%-245.9pp | 205.94%-194.5pp | 578.58%-567.1pp |
| Employer contribution / active EE | $3,000 | $6,184-51.5% | $5,433-44.8% | $4,876-38.5% |
| Participant deferral / active EE | $941 | $5,629-83.3% | $4,939-81.0% | $5,439-82.7% |
| Admin fee / account holder | $4,860 | $16,852-71.2% | $13,881-65.0% | $10,886-55.4% |