Filed December 15, 2022
Total covered: 8 employees
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.
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.)
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 | $34,431 | $78,690-56.2% | $161,489-78.7% | $87,485-60.6% |
| Participation rate | 4.3% | 67.5%-63.2pp | 78.7%-74.4pp | 68.9%-64.6pp |
| Annual return | 16.07% | 32.74%-16.7pp | 89.72%-73.7pp | 26.06%-10.0pp |
| Employer contribution / active EE | $0 | $2,588-100.0% | $4,268-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $2 | $3,311-99.9% | $5,630-100.0% | $4,274-99.9% |
| Admin fee / account holder | $4,623 | $6,724-31.2% | $16,006-71.1% | $7,775-40.5% |