Filed June 1, 2022
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 | $16,805 | $58,057-71.1% | $97,032-82.7% | $86,983-80.7% |
| Participation rate | 66.7% | 60.4%+6.3pp | 71.6%-4.9pp | 69.5%-2.9pp |
| Annual return | 19.44% | 22.26%-2.8pp | 35.38%-15.9pp | 25.83%-6.4pp |
| Employer contribution / active EE | $1,332 | $1,663-19.9% | $2,629-49.3% | $2,584-48.5% |
| Participant deferral / active EE | $2,640 | $3,244-18.6% | $4,672-43.5% | $4,194-37.1% |
| Admin fee / account holder | $2,446 | $4,839-49.5% | $9,418-74.0% | $7,856-68.9% |