Filed February 9, 2021
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.
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $29,180 | $108,825-73.2% | $156,181-81.3% | $82,448-64.6% |
| Participation rate | 69.6% | 72.4%-2.8pp | 78.8%-9.3pp | 68.1%+1.5pp |
| Annual return | 17.02% | 20.59%-3.6pp | 64.87%-47.8pp | 41.64%-24.6pp |
| Employer contribution / active EE | $824 | $2,870-71.3% | $4,294-80.8% | $2,551-67.7% |
| Participant deferral / active EE | $1,832 | $4,577-60.0% | $6,132-70.1% | $4,139-55.7% |
| Admin fee / account holder | $346 | $9,341-96.3% | $14,586-97.6% | $7,234-95.2% |