Filed January 5, 2021 (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.)
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 | $24,852 | $76,371-67.5% | $93,621-73.5% | $72,975-65.9% |
| Participation rate | 40.8% | 71.8%-30.9pp | 75.8%-35.0pp | 69.5%-28.7pp |
| Annual return | 25.06% | 25.82%-0.8pp | 32.76%-7.7pp | 81.01%-56.0pp |
| Employer contribution / active EE | $628 | $2,276-72.4% | $2,719-76.9% | $2,440-74.3% |
| Participant deferral / active EE | $1,423 | $3,538-59.8% | $4,070-65.0% | $3,608-60.6% |
| Admin fee / account holder | $1,346 | $6,839-80.3% | $7,890-82.9% | $5,124-73.7% |