Filed July 3, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,863 | $67,411-86.9% | $91,004-90.3% | $70,126-87.4% |
| Participation rate | 22.6% | 71.4%-48.7pp | 75.6%-53.0pp | 69.5%-46.9pp |
| Annual return | 13.35% | -40.16%+53.5pp | 4.60%+8.8pp | 73.15%-59.8pp |
| Employer contribution / active EE | $0 | $1,786-100.0% | $2,456-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $252 | $2,823-91.1% | $3,548-92.9% | $3,332-92.4% |
| Admin fee / account holder | $458 | $4,236-89.2% | $5,417-91.5% | $4,646-90.1% |