Filed January 8, 2019
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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 | $72,593 | $63,346+14.6% | $92,240-21.3% | $70,126+3.5% |
| Participation rate | 77.8% | 68.7%+9.1pp | 76.5%+1.3pp | 69.5%+8.2pp |
| Annual return | 11.50% | 530.19%-518.7pp | 176.29%-164.8pp | 73.15%-61.7pp |
| Employer contribution / active EE | $1,922 | $2,471-22.2% | $3,680-47.8% | $2,343-17.9% |
| Participant deferral / active EE | $1,412 | $2,854-50.5% | $3,897-63.8% | $3,332-57.6% |
| Admin fee / account holder | $2,637 | $3,841-31.3% | $5,194-49.2% | $4,645-43.2% |