Filed October 24, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 6-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 | $33,287 | $148,623-77.6% | $135,974-75.5% | $139,466-76.1% |
| Participation rate | 53.8% | 83.9%-30.0pp | 81.9%-28.1pp | 80.3%-26.5pp |
| Annual return | 17.30% | 79.30%-62.0pp | 68.30%-51.0pp | 373.66%-356.4pp |
| Employer contribution / active EE | $5,143 | $5,246-2.0% | $4,859+5.9% | $4,754+8.2% |
| Participant deferral / active EE | $8,959 | $8,103+10.6% | $7,760+15.5% | $6,712+33.5% |
| Admin fee / account holder | $10,751 | $12,406-13.3% | $10,767-0.1% | $11,409-5.8% |