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 | $238,332 | $112,112+112.6% | $95,956+148.4% | $158,950+49.9% |
| Participation rate | 86.4% | 79.0%+7.4pp | 77.1%+9.3pp | 82.0%+4.4pp |
| Annual return | 56.37% | 171.15%-114.8pp | 91.63%-35.3pp | 302.91%-246.5pp |
| Employer contribution / active EE | $2,830 | $3,199-11.5% | $2,541+11.4% | $4,762-40.6% |
| Participant deferral / active EE | $8,285 | $4,784+73.2% | $4,167+98.9% | $5,983+38.5% |
| Admin fee / account holder | $9,765 | $10,134-3.6% | $6,797+43.7% | $11,248-13.2% |