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 | $150,774 | $124,213+21.4% | $118,106+27.7% | $154,746-2.6% |
| Participation rate | 100.0% | 83.6%+16.4pp | 81.9%+18.1pp | 80.7%+19.3pp |
| Annual return | 14.55% | 18.29%-3.7pp | 19.44%-4.9pp | 172.34%-157.8pp |
| Employer contribution / active EE | $19,344 | $4,905+294.4% | $4,698+311.7% | $4,379+341.7% |
| Participant deferral / active EE | $23,717 | $6,859+245.8% | $6,619+258.3% | $6,730+252.4% |
| Admin fee / account holder | $29,140 | $9,627+202.7% | $8,973+224.8% | $14,365+102.8% |