Filed May 2, 2016
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,460 | $94,529-33.9% | $140,019-55.4% | $64,181-2.7% |
| Participation rate | 92.9% | 84.1%+8.8pp | 87.5%+5.4pp | 69.6%+23.3pp |
| Annual return | -7.40% | 7.77%-15.2pp | 651.15%-658.6pp | 7.63%-15.0pp |
| Employer contribution / active EE | $6,314 | $3,812+65.6% | $5,605+12.6% | $2,381+165.2% |
| Participant deferral / active EE | $4,729 | $5,250-9.9% | $6,927-31.7% | $3,470+36.3% |
| Admin fee / account holder | $500 | $6,741-92.6% | $10,705-95.3% | $4,887-89.8% |