Filed February 10, 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 | $81,272 | $78,670+3.3% | $109,173-25.6% | $85,847-5.3% |
| Participation rate | 34.8% | 68.3%-33.4pp | 75.9%-41.0pp | 69.3%-34.5pp |
| Annual return | 12.62% | 25.09%-12.5pp | 25.75%-13.1pp | 318.61%-306.0pp |
| Employer contribution / active EE | $1,014 | $2,734-62.9% | $3,723-72.8% | $2,565-60.5% |
| Participant deferral / active EE | $2,087 | $3,467-39.8% | $4,654-55.2% | $3,952-47.2% |
| Admin fee / account holder | $1,270 | $5,469-76.8% | $6,755-81.2% | $6,261-79.7% |