Filed October 21, 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 | $50,917 | $39,243+29.7% | $80,784-37.0% | $79,389-35.9% |
| Participation rate | 23.5% | 41.0%-17.5pp | 54.2%-30.6pp | 70.7%-47.2pp |
| Annual return | 15.32% | 98.95%-83.6pp | 87.31%-72.0pp | 116.89%-101.6pp |
| Employer contribution / active EE | $1,212 | $593+104.4% | $1,160+4.5% | $2,428-50.1% |
| Participant deferral / active EE | $936 | $1,262-25.9% | $2,145-56.4% | $4,046-76.9% |
| Admin fee / account holder | $3,168 | $647+390.1% | $3,380-6.3% | $626+405.8% |