Filed August 26, 2024
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.
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 | $21,805 | $58,099-62.5% | $76,902-71.6% | $75,177-71.0% |
| Participation rate | 45.9% | 63.9%-17.9pp | 69.6%-23.7pp | 67.2%-21.3pp |
| Annual return | 16.02% | 26.71%-10.7pp | 37.91%-21.9pp | 160.75%-144.7pp |
| Employer contribution / active EE | $505 | $1,996-74.7% | $2,534-80.1% | $2,671-81.1% |
| Participant deferral / active EE | $1,263 | $2,999-57.9% | $3,833-67.0% | $4,126-69.4% |
| Admin fee / account holder | $936 | $4,778-80.4% | $5,479-82.9% | $5,651-83.4% |