Filed January 2, 2023
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 | $195,847 | $76,834+154.9% | $108,359+80.7% | $87,485+123.9% |
| Participation rate | 64.4% | 61.7%+2.7pp | 70.1%-5.7pp | 68.9%-4.5pp |
| Annual return | 16.46% | 19.09%-2.6pp | 36.89%-20.4pp | 26.06%-9.6pp |
| Employer contribution / active EE | $0 | $1,556-100.0% | $2,399-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $4,770 | $3,100+53.9% | $4,137+15.3% | $4,274+11.6% |
| Admin fee / account holder | $1,517 | $6,537-76.8% | $9,741-84.4% | $7,775-80.5% |