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 | $128,005 | $124,213+3.1% | $118,106+8.4% | $154,746-17.3% |
| Participation rate | 100.0% | 83.6%+16.4pp | 81.9%+18.1pp | 80.7%+19.3pp |
| Annual return | 18.55% | 18.29%+0.3pp | 19.44%-0.9pp | 172.34%-153.8pp |
| Employer contribution / active EE | $16,375 | $4,905+233.9% | $4,698+248.5% | $4,379+273.9% |
| Participant deferral / active EE | $14,247 | $6,859+107.7% | $6,619+115.3% | $6,730+111.7% |
| Admin fee / account holder | $33,605 | $9,627+249.1% | $8,973+274.5% | $14,365+133.9% |