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 | $124,213+62.6% | $118,106+71.0% | $154,746+30.5% |
| Participation rate | 100.0% | 83.6%+16.4pp | 81.9%+18.1pp | 80.7%+19.3pp |
| Annual return | 19.28% | 18.29%+1.0pp | 19.44%-0.2pp | 172.34%-153.1pp |
| Employer contribution / active EE | $14,535 | $4,905+196.3% | $4,698+209.4% | $4,379+231.9% |
| Participant deferral / active EE | $20,555 | $6,859+199.7% | $6,619+210.6% | $6,730+205.4% |
| Admin fee / account holder | $9,466 | $9,627-1.7% | $8,973+5.5% | $14,365-34.1% |