Filed May 23, 2023
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Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,204 | $54,045-34.9% | $115,170-69.4% | $65,185-46.0% |
| Participation rate | 93.9% | 63.5%+30.4pp | 75.9%+18.0pp | 70.2%+23.7pp |
| Annual return | 25.58% | 26.55%-1.0pp | 35.60%-10.0pp | 29.38%-3.8pp |
| Employer contribution / active EE | $2,996 | $1,653+81.2% | $3,179-5.8% | $2,177+37.6% |
| Participant deferral / active EE | $7,214 | $2,504+188.1% | $4,169+73.1% | $3,514+105.3% |
| Admin fee / account holder | $9 | $626-98.6% | $7,089-99.9% | $847-98.9% |