Filed June 22, 2022
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,211 | $146,267-36.3% | $197,124-52.7% | $82,448+13.1% |
| Participation rate | 50.8% | 84.0%-33.2pp | 86.7%-35.9pp | 68.1%-17.3pp |
| Annual return | 12.57% | 29.61%-17.0pp | 44.34%-31.8pp | 41.64%-29.1pp |
| Employer contribution / active EE | $0 | $4,723-100.0% | $6,227-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $3,263 | $7,035-53.6% | $9,135-64.3% | $4,139-21.2% |
| Admin fee / account holder | $16,797 | $14,422+16.5% | $16,298+3.1% | $7,234+132.2% |