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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $294,412 | $89,515+228.9% | $103,065+185.7% | $80,959+263.7% |
| Participation rate | 94.3% | 76.0%+18.3pp | 80.6%+13.7pp | 67.7%+26.6pp |
| Annual return | 12.11% | 22.82%-10.7pp | 23.95%-11.8pp | 35.67%-23.6pp |
| Employer contribution / active EE | $2,194 | $4,015-45.3% | $4,675-53.1% | $2,757-20.4% |
| Participant deferral / active EE | $21,034 | $5,463+285.1% | $6,625+217.5% | $4,300+389.1% |
| Admin fee / account holder | $27,466 | $6,527+320.8% | $9,349+193.8% | $6,925+296.6% |