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 | $66,567 | $58,600+13.6% | $83,327-20.1% | $64,173+3.7% |
| Participation rate | 98.1% | 72.0%+26.1pp | 77.8%+20.4pp | 69.6%+28.5pp |
| Annual return | 11.99% | 9.66%+2.3pp | 10.64%+1.4pp | 7.63%+4.4pp |
| Employer contribution / active EE | $3,897 | $2,098+85.7% | $3,379+15.3% | $2,381+63.7% |
| Participant deferral / active EE | $7,480 | $4,656+60.7% | $5,565+34.4% | $3,470+115.6% |
| Admin fee / account holder | $3,313 | $9,282-64.3% | $7,540-56.1% | $4,887-32.2% |