Filed March 17, 2023
Total covered: 19 employees
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Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $10,195 | $135,956-92.5% | $123,894-91.8% | $273,972-96.3% |
| Participation rate | 86.4% | 84.1%+2.3pp | 81.4%+5.0pp | 83.0%+3.3pp |
| Annual return | 0.00% | 56.63%-56.6pp | 47.52%-47.5pp | 41.46%-41.5pp |
| Employer contribution / active EE | $2,182 | $5,170-57.8% | $4,617-52.7% | $4,869-55.2% |
| Participant deferral / active EE | $6,929 | $6,343+9.2% | $5,984+15.8% | $5,287+31.1% |
| Admin fee / account holder | $0 | $9,817-100.0% | $8,357-100.0% | $10,133-100.0% |