Filed August 6, 2015
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 | $89,602 | $92,766-3.4% | $82,763+8.3% | $134,545-33.4% |
| Participation rate | 100.0% | 75.2%+24.8pp | 72.6%+27.4pp | 81.2%+18.8pp |
| Annual return | -13.75% | 946.97%-960.7pp | 702.45%-716.2pp | 418.37%-432.1pp |
| Employer contribution / active EE | $15,926 | $3,273+386.6% | $3,008+429.4% | $4,742+235.9% |
| Participant deferral / active EE | $11,136 | $4,802+131.9% | $4,395+153.4% | $6,401+74.0% |
| Admin fee / account holder | $29,695 | $5,978+396.8% | $5,325+457.6% | $11,431+159.8% |