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 | $158,197 | $114,237+38.5% | $119,258+32.7% | $167,536-5.6% |
| Participation rate | 100.0% | 83.7%+16.3pp | 82.7%+17.3pp | 82.1%+17.9pp |
| Annual return | 13.42% | 29.87%-16.4pp | 30.69%-17.3pp | 478.82%-465.4pp |
| Employer contribution / active EE | $23,272 | $4,481+419.3% | $4,384+430.8% | $4,839+380.9% |
| Participant deferral / active EE | $14,458 | $6,084+137.6% | $6,111+136.6% | $6,342+128.0% |
| Admin fee / account holder | $31,029 | $8,932+247.4% | $7,226+329.4% | $12,315+152.0% |