Filed February 13, 2017
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.
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.)
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 | $9,082 | $64,462-85.9% | $81,482-88.9% | $80,911-88.8% |
| Participation rate | 29.2% | 63.9%-34.7pp | 69.5%-40.3pp | 67.6%-38.4pp |
| Annual return | 9.95% | 16.35%-6.4pp | 24.79%-14.8pp | 35.63%-25.7pp |
| Employer contribution / active EE | $0 | $1,979-100.0% | $2,463-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $726 | $3,094-76.5% | $3,885-81.3% | $4,297-83.1% |
| Admin fee / account holder | $890 | $5,678-84.3% | $5,761-84.5% | $6,935-87.2% |