Filed May 16, 2024
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.
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 | $10,464 | $77,816-86.6% | $123,549-91.5% | $64,181-83.7% |
| Participation rate | 42.2% | 74.7%-32.5pp | 82.3%-40.1pp | 69.6%-27.3pp |
| Annual return | -6.53% | 12.49%-19.0pp | 119.20%-125.7pp | 7.63%-14.2pp |
| Employer contribution / active EE | $0 | $3,014-100.0% | $4,628-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,237 | $5,240-57.3% | $6,426-65.2% | $3,470-35.5% |
| Admin fee / account holder | $1,971 | $5,519-64.3% | $9,284-78.8% | $4,887-59.7% |