Filed September 15, 2021
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.)
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 | $10,911 | $46,877-76.7% | $122,354-91.1% | $70,126-84.4% |
| Participation rate | 55.7% | 58.2%-2.5pp | 71.6%-16.0pp | 69.5%-13.9pp |
| Annual return | 14.80% | 24.22%-9.4pp | 30.28%-15.5pp | 73.15%-58.3pp |
| Employer contribution / active EE | $409 | $1,288-68.2% | $4,051-89.9% | $2,343-82.5% |
| Participant deferral / active EE | $1,001 | $2,167-53.8% | $3,287-69.6% | $3,332-70.0% |
| Admin fee / account holder | $540 | $3,324-83.7% | $5,479-90.1% | $4,645-88.4% |