Filed January 27, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 6-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
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 | $21,949 | $110,137-80.1% | $161,149-86.4% | $82,637-73.4% |
| Participation rate | 87.8% | 72.4%+15.5pp | 78.8%+9.0pp | 68.1%+19.8pp |
| Annual return | 32.13% | 20.69%+11.4pp | 21.16%+11.0pp | 53.51%-21.4pp |
| Employer contribution / active EE | $1,939 | $2,856-32.1% | $4,360-55.5% | $2,552-24.0% |
| Participant deferral / active EE | $3,729 | $4,575-18.5% | $6,153-39.4% | $4,126-9.6% |
| Admin fee / account holder | $849 | $9,467-91.0% | $15,194-94.4% | $7,339-88.4% |