Filed November 10, 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 | $164,831 | $79,894+106.3% | $135,792+21.4% | $82,637+99.5% |
| Participation rate | 40.5% | 63.0%-22.5pp | 72.6%-32.1pp | 68.1%-27.6pp |
| Annual return | 13.74% | 17.20%-3.5pp | 25.96%-12.2pp | 53.51%-39.8pp |
| Employer contribution / active EE | $1,829 | $2,165-15.5% | $3,496-47.7% | $2,552-28.3% |
| Participant deferral / active EE | $4,893 | $3,194+53.2% | $4,759+2.8% | $4,126+18.6% |
| Admin fee / account holder | $7,756 | $6,434+20.5% | $12,266-36.8% | $7,339+5.7% |