Filed October 25, 2023 (most recent of 2 filings on file)
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.)
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 | $32,433 | $73,102-55.6% | $123,553-73.7% | $56,289-42.4% |
| Participation rate | 58.4% | 74.3%-15.9pp | 82.3%-23.9pp | 69.9%-11.4pp |
| Annual return | -6.81% | 3.01%-9.8pp | 119.21%-126.0pp | -9.96%+3.2pp |
| Employer contribution / active EE | $1,275 | $2,977-57.2% | $4,628-72.4% | $2,111-39.6% |
| Participant deferral / active EE | $2,330 | $5,423-57.0% | $6,426-63.7% | $3,350-30.4% |
| Admin fee / account holder | $1,863 | $554+236.4% | $9,284-79.9% | $521+257.6% |