Filed June 3, 2022
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Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $4,374 | $65,092-93.3% | $143,799-97.0% | $66,938-93.5% |
| Participation rate | 87.6% | 65.2%+22.4pp | 80.3%+7.3pp | 69.8%+17.8pp |
| Annual return | 1353.96% | -11.14%+1365.1pp | -0.04%+1354.0pp | 1.58%+1352.4pp |
| Employer contribution / active EE | $874 | $2,362-63.0% | $4,952-82.4% | $2,545-65.7% |
| Participant deferral / active EE | $1,707 | $2,920-41.6% | $5,638-69.7% | $4,238-59.7% |
| Admin fee / account holder | $80 | $502-84.2% | $14,677-99.5% | $594-86.6% |