Filed February 26, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 3-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
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.
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 | $10,579 | $117,846-91.0% | $102,434-89.7% | $145,884-92.7% |
| Participation rate | 79.2% | 78.6%+0.5pp | 76.5%+2.7pp | 80.3%-1.1pp |
| Annual return | 6.22% | 31.90%-25.7pp | 29.46%-23.2pp | 551.85%-545.6pp |
| Employer contribution / active EE | $864 | $3,615-76.1% | $3,023-71.4% | $4,662-81.5% |
| Participant deferral / active EE | $1,166 | $5,733-79.7% | $5,055-76.9% | $6,690-82.6% |
| Admin fee / account holder | $1,385 | $13,356-89.6% | $9,462-85.4% | $13,392-89.7% |