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.
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 | $18,496 | $91,559-79.8% | $133,978-86.2% | $79,856-76.8% |
| Participation rate | 63.6% | 73.3%-9.7pp | 79.8%-16.2pp | 69.6%-6.0pp |
| Annual return | 19.35% | 61.85%-42.5pp | 45.10%-25.7pp | 31.71%-12.4pp |
| Employer contribution / active EE | $847 | $2,384-64.5% | $3,919-78.4% | $2,471-65.7% |
| Participant deferral / active EE | $2,348 | $3,734-37.1% | $5,047-53.5% | $3,741-37.2% |
| Admin fee / account holder | $1,064 | $6,321-83.2% | $8,930-88.1% | $5,306-80.0% |