Filed April 13, 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.
Participant 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,011 | $70,667-63.2% | $123,105-78.9% | $52,331-50.3% |
| Participation rate | 99.1% | 83.7%+15.4pp | 86.8%+12.3pp | 68.1%+31.0pp |
| Annual return | -1.15% | 6.23%-7.4pp | 13.22%-14.4pp | 4.54%-5.7pp |
| Employer contribution / active EE | $2,283 | $2,946-22.5% | $5,151-55.7% | $1,882+21.3% |
| Participant deferral / active EE | $733 | $4,493-83.7% | $6,229-88.2% | $3,022-75.7% |
| Admin fee / account holder | $1,843 | $506+264.0% | $9,014-79.5% | $592+211.6% |