Filed August 17, 2024 (most recent of 2 filings on file)
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 | $30,225 | $47,944-37.0% | $67,834-55.4% | $62,881-51.9% |
| Participation rate | 67.1% | 61.1%+6.0pp | 68.8%-1.7pp | 69.3%-2.2pp |
| Annual return | 8.57% | 11.77%-3.2pp | 138.47%-129.9pp | 20.14%-11.6pp |
| Employer contribution / active EE | $1,118 | $1,562-28.4% | $2,403-53.5% | $2,281-51.0% |
| Participant deferral / active EE | $1,826 | $2,247-18.7% | $3,160-42.2% | $3,203-43.0% |
| Admin fee / account holder | $863 | $3,712-76.8% | $4,622-81.3% | $4,296-79.9% |