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 | $16,921 | $85,766-80.3% | $136,297-87.6% | $70,124-75.9% |
| Participation rate | 84.6% | 74.2%+10.5pp | 81.9%+2.7pp | 69.5%+15.1pp |
| Annual return | 29.57% | 31.45%-1.9pp | 5156.19%-5126.6pp | 73.14%-43.6pp |
| Employer contribution / active EE | $2,321 | $2,966-21.8% | $4,696-50.6% | $2,342-0.9% |
| Participant deferral / active EE | $3,906 | $5,051-22.7% | $6,247-37.5% | $3,332+17.2% |
| Admin fee / account holder | $115 | $5,420-97.9% | $9,244-98.8% | $4,645-97.5% |