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 | $14,266 | $60,545-76.4% | $92,240-84.5% | $69,631-79.5% |
| Participation rate | 87.2% | 72.2%+15.0pp | 76.5%+10.7pp | 70.7%+16.5pp |
| Annual return | 18.13% | 19.71%-1.6pp | 176.29%-158.2pp | 27571.02%-27552.9pp |
| Employer contribution / active EE | $657 | $2,633-75.1% | $3,680-82.1% | $2,032-67.7% |
| Participant deferral / active EE | $3,839 | $2,828+35.8% | $3,897-1.5% | $3,224+19.1% |
| Admin fee / account holder | $40 | $145-72.3% | $5,194-99.2% | $110-63.7% |