Filed February 28, 2022
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.
Employer 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,032 | $77,814-64.0% | $158,223-82.3% | $86,983-67.8% |
| Participation rate | 51.9% | 68.4%-16.6pp | 79.2%-27.3pp | 69.5%-17.7pp |
| Annual return | 14.52% | 30.54%-16.0pp | 52.09%-37.6pp | 25.83%-11.3pp |
| Employer contribution / active EE | $0 | $2,592-100.0% | $4,109-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $3,071 | $3,270-6.1% | $5,467-43.8% | $4,194-26.8% |
| Admin fee / account holder | $4,489 | $5,879-23.7% | $16,047-72.0% | $7,856-42.9% |