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 | — | $3 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,318 | $78,852-75.5% | $76,768-74.8% | $75,289-74.3% |
| Participation rate | 99.2% | 85.0%+14.3pp | 77.0%+22.3pp | 72.4%+26.8pp |
| Annual return | -81.80% | -1.29%-80.5pp | 2.43%-84.2pp | -0.04%-81.8pp |
| Employer contribution / active EE | $40,369 | $2,794+1344.6% | $2,485+1524.3% | $2,405+1578.6% |
| Participant deferral / active EE | $0 | $4,800-100.0% | $3,852-100.0% | $3,739-100.0% |
| Admin fee / account holder | $2 | $79-97.6% | $6,676-100.0% | $102-98.1% |