Filed February 11, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $89,068 | $48,078+85.3% | $78,676+13.2% | $62,881+41.6% |
| Participation rate | 68.8% | 65.2%+3.5pp | 73.6%-4.8pp | 69.3%-0.6pp |
| Annual return | 14.58% | 31.36%-16.8pp | 62.19%-47.6pp | 20.14%-5.6pp |
| Employer contribution / active EE | $1,063 | $2,015-47.2% | $2,850-62.7% | $2,281-53.4% |
| Participant deferral / active EE | $5,965 | $2,587+130.6% | $3,517+69.6% | $3,203+86.2% |
| Admin fee / account holder | $657 | $3,206-79.5% | $4,510-85.4% | $4,296-84.7% |