Filed May 22, 2017
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-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.)
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 | $4,756 | $42,383-88.8% | $76,518-93.8% | $64,173-92.6% |
| Participation rate | 60.7% | 58.1%+2.6pp | 68.0%-7.3pp | 69.6%-8.9pp |
| Annual return | -1.07% | -16.54%+15.5pp | -0.27%-0.8pp | 7.63%-8.7pp |
| Employer contribution / active EE | $899 | $1,563-42.5% | $2,647-66.1% | $2,381-62.3% |
| Participant deferral / active EE | $2,017 | $2,566-21.4% | $3,836-47.4% | $3,470-41.9% |
| Admin fee / account holder | $1,114 | $3,198-65.2% | $4,849-77.0% | $4,887-77.2% |