Filed May 1, 2024
Total covered: 2 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-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 | $35,057 | $87,106-59.8% | $105,607-66.8% | $80,935-56.7% |
| Participation rate | 38.8% | 70.4%-31.7pp | 75.3%-36.5pp | 67.7%-28.9pp |
| Annual return | 51.25% | 17.01%+34.2pp | 116.11%-64.9pp | 35.66%+15.6pp |
| Employer contribution / active EE | $897 | $2,396-62.6% | $3,167-71.7% | $2,757-67.5% |
| Participant deferral / active EE | $1,642 | $3,986-58.8% | $5,011-67.2% | $4,299-61.8% |
| Admin fee / account holder | $881 | $8,447-89.6% | $10,958-92.0% | $6,924-87.3% |