Filed November 20, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-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 | $67,254 | $102,422-34.3% | $147,117-54.3% | $80,959-16.9% |
| Participation rate | 48.8% | 75.9%-27.1pp | 82.2%-33.4pp | 67.7%-18.9pp |
| Annual return | 12.26% | 135.16%-122.9pp | 420.54%-408.3pp | 35.67%-23.4pp |
| Employer contribution / active EE | $1,625 | $3,717-56.3% | $4,932-67.1% | $2,757-41.1% |
| Participant deferral / active EE | $5,064 | $6,652-23.9% | $8,065-37.2% | $4,300+17.7% |
| Admin fee / account holder | $7,034 | $7,953-11.6% | $12,993-45.9% | $6,925+1.6% |