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 |
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 | $53,614 | $78,852-32.0% | $76,768-30.2% | $75,289-28.8% |
| Participation rate | 78.5% | 85.0%-6.5pp | 77.0%+1.5pp | 72.4%+6.1pp |
| Annual return | -7.22% | -1.29%-5.9pp | 2.43%-9.6pp | -0.04%-7.2pp |
| Employer contribution / active EE | $283 | $2,794-89.9% | $2,485-88.6% | $2,405-88.2% |
| Participant deferral / active EE | $3,039 | $4,800-36.7% | $3,852-21.1% | $3,739-18.7% |
| Admin fee / account holder | $5 | $79-93.2% | $6,676-99.9% | $102-94.8% |