Filed January 29, 2024
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 | $112,360 | $83,061+35.3% | $126,068-10.9% | $94,015+19.5% |
| Participation rate | 50.0% | 81.2%-31.2pp | 84.7%-34.7pp | 70.8%-20.8pp |
| Annual return | 15.70% | 20.41%-4.7pp | 15.01%+0.7pp | 17.84%-2.1pp |
| Employer contribution / active EE | $241 | $2,864-91.6% | $3,968-93.9% | $2,790-91.4% |
| Participant deferral / active EE | $4,940 | $7,042-29.8% | $8,214-39.9% | $4,249+16.3% |
| Admin fee / account holder | $5,041 | $7,208-30.1% | $18,264-72.4% | $8,951-43.7% |