Filed November 3, 2022 (most recent of 2 filings on file)
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,192 | $29,051+17.7% | $52,425-34.8% | $67,986-49.7% |
| Participation rate | 60.9% | 30.4%+30.5pp | 55.6%+5.3pp | 57.2%+3.7pp |
| Annual return | 12.94% | 24.00%-11.1pp | 302.12%-289.2pp | 31.67%-18.7pp |
| Employer contribution / active EE | -$53 | $412-113.0% | $914-105.8% | $2,019-102.6% |
| Participant deferral / active EE | $1,424 | $873+63.2% | $1,790-20.4% | $3,358-57.6% |
| Admin fee / account holder | $3,082 | $2,113+45.9% | $2,495+23.5% | $3,203-3.8% |