Filed November 18, 2015 (most recent of 2 filings on file)
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 | $87,545 | $43,075+103.2% | $74,577+17.4% | $62,881+39.2% |
| Participation rate | 100.0% | 58.1%+41.9pp | 68.1%+31.9pp | 69.3%+30.7pp |
| Annual return | 6.43% | 17.50%-11.1pp | 20.47%-14.0pp | 20.14%-13.7pp |
| Employer contribution / active EE | $3,130 | $1,498+109.0% | $2,525+24.0% | $2,281+37.2% |
| Participant deferral / active EE | $6,375 | $2,389+166.8% | $3,458+84.3% | $3,203+99.0% |
| Admin fee / account holder | $1,190 | $2,840-58.1% | $4,138-71.3% | $4,296-72.3% |