Filed October 3, 2023
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.)
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 | $11,911 | $43,338-72.5% | $59,887-80.1% | $64,173-81.4% |
| Participation rate | 43.2% | 69.2%-26.0pp | 74.7%-31.5pp | 69.6%-26.4pp |
| Annual return | 44.78% | -1.55%+46.3pp | 3.46%+41.3pp | 7.63%+37.1pp |
| Employer contribution / active EE | $592 | $2,030-70.8% | $2,722-78.2% | $2,381-75.1% |
| Participant deferral / active EE | $845 | $2,547-66.8% | $3,402-75.2% | $3,470-75.7% |
| Admin fee / account holder | $541 | $3,007-82.0% | $3,591-84.9% | $4,887-88.9% |