Filed March 7, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 4-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 | $66,834 | $81,487-18.0% | $102,412-34.7% | $80,935-17.4% |
| Participation rate | 33.0% | 66.8%-33.9pp | 74.5%-41.5pp | 67.7%-34.7pp |
| Annual return | 28.12% | 25.60%+2.5pp | 24.94%+3.2pp | 35.66%-7.5pp |
| Employer contribution / active EE | $1,832 | $3,103-41.0% | $3,870-52.7% | $2,757-33.5% |
| Participant deferral / active EE | $4,398 | $3,871+13.6% | $5,060-13.1% | $4,299+2.3% |
| Admin fee / account holder | $2,528 | $6,717-62.4% | $8,388-69.9% | $6,924-63.5% |