Filed February 11, 2020
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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 | $79,153 | $125,797-37.1% | $170,043-53.5% | $75,173+5.3% |
| Participation rate | 95.2% | 83.6%+11.6pp | 87.0%+8.2pp | 67.2%+28.0pp |
| Annual return | 6.05% | 27.20%-21.2pp | 53.40%-47.4pp | 160.72%-154.7pp |
| Employer contribution / active EE | $4,299 | $4,616-6.9% | $6,790-36.7% | $2,671+61.0% |
| Participant deferral / active EE | $9,407 | $6,838+37.6% | $10,410-9.6% | $4,126+128.0% |
| Admin fee / account holder | $15,251 | $8,177+86.5% | $12,824+18.9% | $5,651+169.9% |