Filed May 20, 2021 (most recent of 2 filings on file)
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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 | $99,373 | $80,983+22.7% | $96,544+2.9% | $75,177+32.2% |
| Participation rate | 92.9% | 71.8%+21.1pp | 76.0%+16.9pp | 67.2%+25.7pp |
| Annual return | 20.96% | 27.05%-6.1pp | 25.88%-4.9pp | 160.75%-139.8pp |
| Employer contribution / active EE | $4,908 | $2,282+115.0% | $2,966+65.5% | $2,671+83.8% |
| Participant deferral / active EE | $12,204 | $3,929+210.6% | $4,851+151.6% | $4,126+195.8% |
| Admin fee / account holder | $6,784 | $6,717+1.0% | $8,254-17.8% | $5,651+20.0% |