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 | $81,857 | $124,213-34.1% | $118,106-30.7% | $154,746-47.1% |
| Participation rate | 100.0% | 83.6%+16.4pp | 81.9%+18.1pp | 80.7%+19.3pp |
| Annual return | 18.19% | 18.29%-0.1pp | 19.44%-1.3pp | 172.34%-154.1pp |
| Employer contribution / active EE | $5,850 | $4,905+19.3% | $4,698+24.5% | $4,379+33.6% |
| Participant deferral / active EE | $9,134 | $6,859+33.2% | $6,619+38.0% | $6,730+35.7% |
| Admin fee / account holder | $4,030 | $9,627-58.1% | $8,973-55.1% | $14,365-71.9% |