Filed July 19, 2018
Total covered: 6 employees
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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 | $106,142 | $78,694+34.9% | $67,652+56.9% | $125,389-15.3% |
| Participation rate | 81.8% | 78.8%+3.0pp | 75.7%+6.2pp | 83.2%-1.4pp |
| Annual return | 1.92% | 9.46%-7.5pp | 6625.40%-6623.5pp | 282.24%-280.3pp |
| Employer contribution / active EE | $2,041 | $3,044-32.9% | $2,266-9.9% | $4,866-58.0% |
| Participant deferral / active EE | $7,118 | $4,292+65.8% | $3,560+99.9% | $5,352+33.0% |
| Admin fee / account holder | $15,219 | $7,403+105.6% | $4,821+215.7% | $9,541+59.5% |