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 | $134,024 | $86,940+54.2% | $102,434+30.8% | $80,935+65.6% |
| Participation rate | 77.8% | 72.4%+5.4pp | 76.5%+1.3pp | 67.7%+10.1pp |
| Annual return | 12.70% | 18.89%-6.2pp | 29.46%-16.8pp | 35.66%-23.0pp |
| Employer contribution / active EE | $5,135 | $2,370+116.7% | $3,023+69.8% | $2,757+86.3% |
| Participant deferral / active EE | $11,717 | $4,121+184.3% | $5,055+131.8% | $4,299+172.5% |
| Admin fee / account holder | $11,257 | $8,047+39.9% | $9,462+19.0% | $6,924+62.6% |