Filed November 5, 2024 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 3-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 | $12,971 | $82,028-84.2% | $123,105-89.5% | $59,633-78.2% |
| Participation rate | 58.4% | 83.2%-24.8pp | 86.8%-28.3pp | 68.7%-10.2pp |
| Annual return | 1.26% | 5.12%-3.9pp | 13.22%-12.0pp | 2041.45%-2040.2pp |
| Employer contribution / active EE | $0 | $3,297-100.0% | $5,151-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,343 | $4,667-71.2% | $6,229-78.4% | $3,192-57.9% |
| Admin fee / account holder | $1,465 | $5,879-75.1% | $9,014-83.7% | $4,297-65.9% |