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 | $103,333 | $72,272+43.0% | $101,264+2.0% | $79,858+29.4% |
| Participation rate | 78.3% | 68.5%+9.9pp | 75.8%+2.5pp | 69.6%+8.7pp |
| Annual return | 10.35% | 22.30%-11.9pp | 46.48%-36.1pp | 31.72%-21.4pp |
| Employer contribution / active EE | $5,282 | $2,692+96.2% | $3,660+44.3% | $2,471+113.7% |
| Participant deferral / active EE | $3,325 | $3,282+1.3% | $4,370-23.9% | $3,740-11.1% |
| Admin fee / account holder | $15,072 | $4,401+242.5% | $5,947+153.4% | $5,306+184.1% |