Filed November 12, 2021
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Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,770 | $135,956-93.5% | $123,894-92.9% | $273,972-96.8% |
| Participation rate | 87.0% | 84.1%+2.9pp | 81.4%+5.5pp | 83.0%+3.9pp |
| Annual return | 22.63% | 56.63%-34.0pp | 47.52%-24.9pp | 41.46%-18.8pp |
| Employer contribution / active EE | $1,880 | $5,170-63.6% | $4,617-59.3% | $4,869-61.4% |
| Participant deferral / active EE | $3,732 | $6,343-41.2% | $5,984-37.6% | $5,287-29.4% |
| Admin fee / account holder | $32 | $9,817-99.7% | $8,357-99.6% | $10,133-99.7% |