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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,474 | $90,448-16.6% | $93,786-19.5% | $134,545-43.9% |
| Participation rate | 100.0% | 82.0%+18.0pp | 81.0%+19.0pp | 81.2%+18.8pp |
| Annual return | -27.16% | -15.71%-11.4pp | -11.32%-15.8pp | 418.37%-445.5pp |
| Employer contribution / active EE | $17,271 | $4,349+297.2% | $4,328+299.1% | $4,742+264.3% |
| Participant deferral / active EE | $13,708 | $5,983+129.1% | $6,100+124.7% | $6,401+114.1% |
| Admin fee / account holder | $44,817 | $9,232+385.4% | $7,184+523.8% | $11,431+292.1% |