Filed February 22, 2016 (most recent of 4 filings on file)
Total covered: 9,838 employees
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | LOCKHEED MARTIN CORPORATION | EMPLOYER, PLAN SPONSOR/ADMIN INCORRECT TRUST CHARGING OF TRAVEL EXPENSES | — | $13 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,582 | $127,796-39.3% | $76,768+1.1% | $73,367+5.7% |
| Participation rate | 86.2% | 88.2%-2.0pp | 77.0%+9.2pp | 69.5%+16.7pp |
| Annual return | -7.03% | -2.31%-4.7pp | 2.43%-9.5pp | 173.45%-180.5pp |
| Employer contribution / active EE | $1,620 | $3,931-58.8% | $2,485-34.8% | $2,499-35.2% |
| Participant deferral / active EE | $5,703 | $6,924-17.6% | $3,852+48.1% | $4,033+41.4% |
| Admin fee / account holder | $8 | $66-88.4% | $6,676-99.9% | $68-88.7% |