Filed May 4, 2022
Total covered: 5 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,013 | $101,763-86.2% | $164,866-91.5% | $80,874-82.7% |
| Participation rate | 62.9% | 71.8%-8.9pp | 78.6%-15.7pp | 67.6%-4.8pp |
| Annual return | 10.92% | 16.73%-5.8pp | 69.97%-59.0pp | 35.62%-24.7pp |
| Employer contribution / active EE | $1,366 | $2,954-53.7% | $4,343-68.5% | $2,756-50.4% |
| Participant deferral / active EE | $0 | $4,477-100.0% | $6,033-100.0% | $4,297-100.0% |
| Admin fee / account holder | $374 | $8,228-95.4% | $12,689-97.0% | $6,935-94.6% |