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 | $61,755 | $123,793-50.1% | $177,827-65.3% | $79,858-22.7% |
| Participation rate | 94.4% | 84.7%+9.7pp | 87.7%+6.6pp | 69.6%+24.7pp |
| Annual return | 10.07% | 22.82%-12.8pp | 48.32%-38.3pp | 31.72%-21.6pp |
| Employer contribution / active EE | $4,084 | $4,095-0.3% | $5,918-31.0% | $2,471+65.3% |
| Participant deferral / active EE | $2,970 | $5,956-50.1% | $7,713-61.5% | $3,740-20.6% |
| Admin fee / account holder | $4,717 | $7,243-34.9% | $12,429-62.0% | $5,306-11.1% |