Filed August 7, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-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 | $42,062 | $58,627-28.3% | $76,735-45.2% | $82,448-49.0% |
| Participation rate | 29.0% | 63.2%-34.2pp | 69.5%-40.5pp | 68.1%-39.0pp |
| Annual return | 15.06% | 39.10%-24.0pp | 29.77%-14.7pp | 41.64%-26.6pp |
| Employer contribution / active EE | $1,845 | $1,729+6.7% | $2,454-24.8% | $2,551-27.7% |
| Participant deferral / active EE | $815 | $3,134-74.0% | $4,088-80.1% | $4,139-80.3% |
| Admin fee / account holder | $5,566 | $5,323+4.6% | $7,189-22.6% | $7,234-23.1% |