Filed July 22, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-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 | $22,894 | $47,969-52.3% | $85,969-73.4% | $52,331-56.3% |
| Participation rate | 27.6% | 61.7%-34.2pp | 76.5%-49.0pp | 68.1%-40.5pp |
| Annual return | -1.88% | -0.13%-1.7pp | 9.32%-11.2pp | 4.54%-6.4pp |
| Employer contribution / active EE | $561 | $1,460-61.5% | $3,474-83.8% | $1,882-70.2% |
| Participant deferral / active EE | $1,101 | $2,110-47.8% | $3,829-71.2% | $3,022-63.6% |
| Admin fee / account holder | $370 | $530-30.2% | $6,053-93.9% | $592-37.5% |