Filed May 8, 2023
Total covered: 19 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-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 | $64,700 | $90,170-28.2% | $150,734-57.1% | $69,733-7.2% |
| Participation rate | 38.5% | 60.2%-21.8pp | 78.4%-40.0pp | 62.5%-24.0pp |
| Annual return | 15.70% | 16.56%-0.9pp | 600.81%-585.1pp | 15.22%+0.5pp |
| Employer contribution / active EE | $1,366 | $3,428-60.2% | $4,918-72.2% | $2,250-39.3% |
| Participant deferral / active EE | $3,020 | $3,086-2.2% | $5,610-46.2% | $3,054-1.1% |
| Admin fee / account holder | $16,757 | $4,600+264.3% | $14,905+12.4% | $3,102+440.2% |