Filed February 18, 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.
Participant 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $32,541 | $104,098-68.7% | $140,514-76.8% | $94,015-65.4% |
| Participation rate | 48.4% | 73.7%-25.3pp | 77.8%-29.4pp | 70.8%-22.4pp |
| Annual return | 15.89% | 15.14%+0.8pp | 14.36%+1.5pp | 17.84%-2.0pp |
| Employer contribution / active EE | $1,086 | $2,388-54.5% | $3,378-67.9% | $2,790-61.1% |
| Participant deferral / active EE | $1,801 | $4,033-55.3% | $4,919-63.4% | $4,249-57.6% |
| Admin fee / account holder | $762 | $10,439-92.7% | $13,697-94.4% | $8,951-91.5% |