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 | $201,912 | $92,798+117.6% | $96,707+108.8% | $137,256+47.1% |
| Participation rate | 100.0% | 81.6%+18.4pp | 80.4%+19.6pp | 80.0%+20.0pp |
| Annual return | 19.28% | 31.24%-12.0pp | 34.78%-15.5pp | 220.34%-201.1pp |
| Employer contribution / active EE | $14,535 | $4,147+250.5% | $4,191+246.8% | $4,156+249.7% |
| Participant deferral / active EE | $20,555 | $5,877+249.8% | $5,997+242.8% | $6,407+220.8% |
| Admin fee / account holder | $9,466 | $7,946+19.1% | $7,503+26.2% | $12,270-22.9% |