Filed May 8, 2019
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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 | $36,479 | $90,590-59.7% | $90,782-59.8% | $135,380-73.1% |
| Participation rate | 100.0% | 83.7%+16.3pp | 82.7%+17.3pp | 82.6%+17.4pp |
| Annual return | 1343.89% | -3.40%+1347.3pp | -3.42%+1347.3pp | 519.81%+824.1pp |
| Employer contribution / active EE | $18,018 | $4,352+314.0% | $4,105+338.9% | $4,779+277.0% |
| Participant deferral / active EE | $7,885 | $5,407+45.8% | $5,366+46.9% | $5,609+40.6% |
| Admin fee / account holder | $2,985 | $7,683-61.1% | $5,908-49.5% | $10,828-72.4% |