Filed February 20, 2017
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-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.)
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 | $31,707 | $87,834-63.9% | $133,975-76.3% | $62,881-49.6% |
| Participation rate | 64.5% | 83.4%-18.9pp | 87.1%-22.5pp | 69.3%-4.8pp |
| Annual return | 10.98% | 12.05%-1.1pp | 29.29%-18.3pp | 20.14%-9.2pp |
| Employer contribution / active EE | $390 | $3,482-88.8% | $5,211-92.5% | $2,281-82.9% |
| Participant deferral / active EE | $2,495 | $4,812-48.2% | $6,282-60.3% | $3,203-22.1% |
| Admin fee / account holder | $4,103 | $5,372-23.6% | $9,324-56.0% | $4,296-4.5% |