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.
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 | $85,626 | $51,642+65.8% | $129,384-33.8% | $80,935+5.8% |
| Participation rate | 51.5% | 56.9%-5.4pp | 69.6%-18.1pp | 67.7%-16.1pp |
| Annual return | 14.04% | 20.78%-6.7pp | 9461.77%-9447.7pp | 35.66%-21.6pp |
| Employer contribution / active EE | $0 | $1,583-100.0% | $4,153-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $3,630 | $2,670+36.0% | $4,166-12.9% | $4,299-15.6% |
| Admin fee / account holder | $10,125 | $4,312+134.8% | $7,686+31.7% | $6,924+46.2% |