Filed March 20, 2023
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.)
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).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,555 | $98,760-39.7% | $149,715-60.2% | $79,858-25.4% |
| Participation rate | 38.1% | 75.8%-37.7pp | 82.5%-44.4pp | 69.6%-31.5pp |
| Annual return | 10.48% | 27.43%-17.0pp | 276.66%-266.2pp | 31.72%-21.2pp |
| Employer contribution / active EE | $1,021 | $3,217-68.3% | $4,645-78.0% | $2,471-58.7% |
| Participant deferral / active EE | $1,924 | $5,681-66.1% | $6,842-71.9% | $3,740-48.6% |
| Admin fee / account holder | $7,977 | $6,053+31.8% | $9,310-14.3% | $5,306+50.3% |