Filed April 7, 2016 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-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.)
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 | $37,111 | $79,438-53.3% | $106,551-65.2% | $79,393-53.3% |
| Participation rate | 28.6% | 74.2%-45.6pp | 76.1%-47.6pp | 70.7%-42.1pp |
| Annual return | 17.45% | 18.27%-0.8pp | 26.80%-9.4pp | 116.87%-99.4pp |
| Employer contribution / active EE | $691 | $2,235-69.1% | $2,819-75.5% | $2,428-71.5% |
| Participant deferral / active EE | $1,201 | $3,824-68.6% | $4,398-72.7% | $4,046-70.3% |
| Admin fee / account holder | $362 | $523-30.7% | $7,408-95.1% | $627-42.2% |