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 | $89,532+228.8% | $103,447+184.6% | $80,925+263.8% |
| Participation rate | 94.3% | 76.0%+18.2pp | 80.5%+13.7pp | 67.7%+26.6pp |
| Annual return | 12.11% | 22.80%-10.7pp | 23.92%-11.8pp | 35.65%-23.5pp |
| Employer contribution / active EE | $2,194 | $4,023-45.5% | $4,678-53.1% | $2,756-20.4% |
| Participant deferral / active EE | $21,034 | $5,459+285.3% | $6,624+217.6% | $4,299+389.3% |
| Admin fee / account holder | $27,466 | $6,774+305.5% | $9,415+191.7% | $6,940+295.8% |