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 | $9,830 | $61,660-84.1% | $80,022-87.7% | $64,173-84.7% |
| Participation rate | 22.4% | 71.7%-49.3pp | 75.8%-53.5pp | 69.6%-47.2pp |
| Annual return | -4.60% | -0.33%-4.3pp | 11.22%-15.8pp | 7.63%-12.2pp |
| Employer contribution / active EE | $0 | $1,810-100.0% | $2,468-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $234 | $2,968-92.1% | $3,686-93.7% | $3,470-93.3% |
| Admin fee / account holder | $1,136 | $5,417-79.0% | $6,521-82.6% | $4,887-76.8% |