Filed March 28, 2025
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Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,275 | $61,391-47.4% | $149,723-78.4% | $71,529-54.9% |
| Participation rate | 91.5% | 62.5%+29.0pp | 78.8%+12.8pp | 67.9%+23.6pp |
| Annual return | 44.48% | 35.88%+8.6pp | 134.50%-90.0pp | 28.97%+15.5pp |
| Employer contribution / active EE | $745 | $2,384-68.7% | $4,821-84.5% | $2,590-71.2% |
| Participant deferral / active EE | $1,738 | $2,921-40.5% | $5,682-69.4% | $4,291-59.5% |
| Admin fee / account holder | $27 | $1,264-97.9% | $13,215-99.8% | $1,588-98.3% |