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 | $15,687 | $53,777-70.8% | $134,155-88.3% | $79,858-80.4% |
| Participation rate | 43.2% | 58.8%-15.6pp | 72.2%-29.0pp | 69.6%-26.4pp |
| Annual return | 14.17% | 19.01%-4.8pp | 36.34%-22.2pp | 31.72%-17.5pp |
| Employer contribution / active EE | $427 | $1,321-67.7% | $3,705-88.5% | $2,471-82.7% |
| Participant deferral / active EE | $1,032 | $2,420-57.4% | $3,500-70.5% | $3,740-72.4% |
| Admin fee / account holder | $779 | $3,984-80.4% | $6,685-88.3% | $5,306-85.3% |