Filed March 26, 2019
Total covered: 45 employees
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $249,200 | $59,191+321.0% | $76,768+224.6% | $56,289+342.7% |
| Participation rate | 97.3% | 75.2%+22.1pp | 77.0%+20.3pp | 69.9%+27.4pp |
| Annual return | 12.18% | 6.62%+5.6pp | 2.43%+9.8pp | -9.96%+22.1pp |
| Employer contribution / active EE | $31,075 | $1,759+1666.8% | $2,485+1150.4% | $2,111+1372.0% |
| Participant deferral / active EE | $0 | $3,255-100.0% | $3,852-100.0% | $3,350-100.0% |
| Admin fee / account holder | $8 | $489-98.4% | $6,676-99.9% | $521-98.5% |