Filed February 5, 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $14,098 | $67,602-79.1% | $82,312-82.9% | $70,126-79.9% |
| Participation rate | 78.3% | 72.8%+5.5pp | 76.9%+1.4pp | 69.5%+8.7pp |
| Annual return | 19.73% | 21.57%-1.8pp | 25.88%-6.2pp | 73.15%-53.4pp |
| Employer contribution / active EE | $1,598 | $1,755-9.0% | $2,428-34.2% | $2,343-31.8% |
| Participant deferral / active EE | $2,497 | $2,987-16.4% | $3,706-32.6% | $3,332-25.1% |
| Admin fee / account holder | $437 | $4,512-90.3% | $5,608-92.2% | $4,645-90.6% |