Filed August 24, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $151,128 | $51,631+192.7% | $129,397+16.8% | $80,925+86.8% |
| Participation rate | 25.7% | 56.9%-31.3pp | 69.6%-43.9pp | 67.7%-42.0pp |
| Annual return | 18.45% | 20.77%-2.3pp | 9453.98%-9435.5pp | 35.65%-17.2pp |
| Employer contribution / active EE | $834 | $1,583-47.3% | $4,154-79.9% | $2,756-69.7% |
| Participant deferral / active EE | $1,836 | $2,670-31.2% | $4,167-56.0% | $4,299-57.3% |
| Admin fee / account holder | $14,972 | $4,309+247.5% | $7,679+95.0% | $6,940+115.7% |