Filed May 9, 2025 (most recent of 23 filings on file)
Total covered: 33 employees
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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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $4,034 | $50,464-92.0% | $75,784-94.7% | $52,331-92.3% |
| Participation rate | 80.6% | 66.8%+13.8pp | 75.8%+4.8pp | 68.1%+12.5pp |
| Annual return | 0.00% | 1.03%-1.0pp | 9.68%-9.7pp | 4.54%-4.5pp |
| Employer contribution / active EE | $481 | $1,988-75.8% | $3,323-85.5% | $1,882-74.4% |
| Participant deferral / active EE | $2,714 | $2,570+5.6% | $3,652-25.7% | $3,022-10.2% |
| Admin fee / account holder | $1 | $1,103-99.9% | $5,300-100.0% | $592-99.9% |