Filed July 2, 2018
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,102 | $54,757+17.1% | $90,300-29.0% | $72,983-12.2% |
| Participation rate | 89.2% | 65.1%+24.0pp | 73.3%+15.9pp | 69.5%+19.7pp |
| Annual return | 20.32% | 30.63%-10.3pp | 78.11%-57.8pp | 81.01%-60.7pp |
| Employer contribution / active EE | $2,998 | $2,092+43.3% | $2,854+5.0% | $2,440+22.9% |
| Participant deferral / active EE | $5,379 | $2,887+86.3% | $3,884+38.5% | $3,608+49.1% |
| Admin fee / account holder | $2,500 | $3,972-37.1% | $5,353-53.3% | $5,124-51.2% |