Filed January 30, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 3-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.
Employer 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.)
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 | $15,931 | $61,605-74.1% | $112,273-85.8% | $75,181-78.8% |
| Participation rate | 18.4% | 61.7%-43.3pp | 72.4%-54.0pp | 67.2%-48.8pp |
| Annual return | 16.99% | 28.47%-11.5pp | 30.23%-13.2pp | 160.69%-143.7pp |
| Employer contribution / active EE | $465 | $2,015-76.9% | $3,431-86.4% | $2,671-82.6% |
| Participant deferral / active EE | $1,223 | $3,108-60.6% | $4,800-74.5% | $4,126-70.4% |
| Admin fee / account holder | $30,743 | $4,862+532.3% | $7,752+296.6% | $5,650+444.1% |