Filed September 24, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $25,649 | $101,653-74.8% | $147,080-82.6% | $74,459-65.6% |
| Participation rate | 34.5% | 75.6%-41.1pp | 82.2%-47.7pp | 67.2%-32.7pp |
| Annual return | 11.18% | 8754.98%-8743.8pp | 420.17%-409.0pp | 1369.70%-1358.5pp |
| Employer contribution / active EE | $1,000 | $3,813-73.8% | $4,933-79.7% | $2,626-61.9% |
| Participant deferral / active EE | $1,414 | $7,304-80.6% | $8,066-82.5% | $4,350-67.5% |
| Admin fee / account holder | $656 | $1,752-62.6% | $12,989-94.9% | $1,945-66.3% |