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 | $97,051 | $65,034+49.2% | $90,970+6.7% | $79,856+21.5% |
| Participation rate | 67.9% | 61.6%+6.3pp | 69.0%-1.1pp | 69.6%-1.7pp |
| Annual return | 17.82% | 30.45%-12.6pp | 134.60%-116.8pp | 31.71%-13.9pp |
| Employer contribution / active EE | $0 | $1,247-100.0% | $2,122-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $3,863 | $2,512+53.8% | $3,373+14.5% | $3,741+3.3% |
| Admin fee / account holder | $8,360 | $4,536+84.3% | $5,961+40.2% | $5,306+57.5% |