Filed December 8, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-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.)
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 | $21,938 | $88,360-75.2% | $145,433-84.9% | $67,986-67.7% |
| Participation rate | 50.7% | 65.5%-14.7pp | 82.1%-31.4pp | 57.2%-6.5pp |
| Annual return | 19.44% | 63.15%-43.7pp | 66.58%-47.1pp | 31.67%-12.2pp |
| Employer contribution / active EE | $512 | $3,054-83.2% | $4,554-88.8% | $2,019-74.6% |
| Participant deferral / active EE | $1,443 | $5,932-75.7% | $7,897-81.7% | $3,358-57.0% |
| Admin fee / account holder | $575 | $3,313-82.6% | $13,129-95.6% | $3,203-82.0% |