Filed December 7, 2020 (most recent of 2 filings on file)
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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 | $60,779 | $64,359-5.6% | $90,161-32.6% | $70,126-13.3% |
| Participation rate | 98.1% | 70.4%+27.6pp | 76.9%+21.2pp | 69.5%+28.5pp |
| Annual return | 14.66% | 28.13%-13.5pp | 34.89%-20.2pp | 73.15%-58.5pp |
| Employer contribution / active EE | $3,547 | $2,046+73.4% | $3,318+6.9% | $2,343+51.4% |
| Participant deferral / active EE | $6,427 | $4,389+46.4% | $5,287+21.5% | $3,332+92.9% |
| Admin fee / account holder | $6,192 | $3,945+57.0% | $5,943+4.2% | $4,645+33.3% |