Filed April 29, 2021
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Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $5,227 | $73,988-92.9% | $96,538-94.6% | $75,177-93.0% |
| Participation rate | 100.0% | 66.4%+33.6pp | 74.3%+25.7pp | 67.2%+32.8pp |
| Annual return | 25.02% | 26.73%-1.7pp | 35.74%-10.7pp | 160.75%-135.7pp |
| Employer contribution / active EE | $1,247 | $2,930-57.4% | $3,740-66.6% | $2,671-53.3% |
| Participant deferral / active EE | $1,100 | $3,660-69.9% | $4,880-77.5% | $4,126-73.3% |
| Admin fee / account holder | $250 | $5,220-95.2% | $6,737-96.3% | $5,651-95.6% |