Filed July 12, 2024
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 | $82,362 | $67,411+22.2% | $91,004-9.5% | $70,126+17.4% |
| Participation rate | 55.4% | 71.4%-16.0pp | 75.6%-20.2pp | 69.5%-14.2pp |
| Annual return | 16.86% | -40.16%+57.0pp | 4.60%+12.3pp | 73.15%-56.3pp |
| Employer contribution / active EE | $1,262 | $1,786-29.3% | $2,456-48.6% | $2,343-46.1% |
| Participant deferral / active EE | $2,330 | $2,823-17.5% | $3,548-34.3% | $3,332-30.1% |
| Admin fee / account holder | $8,564 | $4,236+102.2% | $5,417+58.1% | $4,645+84.3% |