Filed March 6, 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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,631 | $95,406-61.6% | $185,849-80.3% | $85,847-57.3% |
| Participation rate | 23.1% | 68.8%-45.7pp | 81.7%-58.6pp | 69.3%-46.2pp |
| Annual return | 12.93% | 23.59%-10.7pp | 122.10%-109.2pp | 318.61%-305.7pp |
| Employer contribution / active EE | $0 | $3,314-100.0% | $5,169-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $700 | $3,424-79.6% | $5,569-87.4% | $3,952-82.3% |
| Admin fee / account holder | $1,690 | $7,214-76.6% | $16,244-89.6% | $6,261-73.0% |