Filed June 29, 2021
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $22,270 | $82,028-72.9% | $123,105-81.9% | $59,633-62.7% |
| Participation rate | 62.9% | 83.2%-20.3pp | 86.8%-23.9pp | 68.7%-5.7pp |
| Annual return | -2.63% | 5.12%-7.7pp | 13.22%-15.8pp | 2041.45%-2044.1pp |
| Employer contribution / active EE | $1,460 | $3,297-55.7% | $5,151-71.7% | $2,203-33.7% |
| Participant deferral / active EE | $3,256 | $4,667-30.2% | $6,229-47.7% | $3,192+2.0% |
| Admin fee / account holder | $2,651 | $5,879-54.9% | $9,014-70.6% | $4,297-38.3% |