Filed October 24, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-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 | $32,648 | $65,703-50.3% | $94,228-65.4% | $59,633-45.3% |
| Participation rate | 60.0% | 72.1%-12.1pp | 78.8%-18.8pp | 68.7%-8.7pp |
| Annual return | 0.01% | 5.22%-5.2pp | 10.68%-10.7pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $1,656 | $2,021-18.0% | $3,587-53.8% | $2,203-24.8% |
| Participant deferral / active EE | $2,614 | $3,143-16.8% | $4,320-39.5% | $3,192-18.1% |
| Admin fee / account holder | $6,361 | $4,264+49.2% | $6,269+1.5% | $4,297+48.0% |