Filed May 2, 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 | $57,159 | $72,269-20.9% | $101,271-43.6% | $79,852-28.4% |
| Participation rate | 68.4% | 68.5%0pp | 75.8%-7.4pp | 69.6%-1.2pp |
| Annual return | 20.78% | 22.29%-1.5pp | 46.48%-25.7pp | 31.72%-10.9pp |
| Employer contribution / active EE | $1,422 | $2,692-47.2% | $3,660-61.1% | $2,471-42.4% |
| Participant deferral / active EE | $3,475 | $3,282+5.9% | $4,371-20.5% | $3,740-7.1% |
| Admin fee / account holder | $3,727 | $4,401-15.3% | $5,948-37.3% | $5,306-29.8% |