Filed February 12, 2024
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 | $90,245 | $52,581+71.6% | $130,788-31.0% | $64,340+40.3% |
| Participation rate | 16.7% | 46.5%-29.9pp | 70.1%-53.4pp | 55.2%-38.6pp |
| Annual return | 7.44% | 20.39%-13.0pp | 386.44%-379.0pp | 24.14%-16.7pp |
| Employer contribution / active EE | $0 | $1,031-100.0% | $3,558-100.0% | $1,862-100.0% |
| Participant deferral / active EE | $1,001 | $2,200-54.5% | $4,137-75.8% | $2,980-66.4% |
| Admin fee / account holder | $13,086 | $4,583+185.5% | $6,673+96.1% | $3,703+253.4% |