Filed December 15, 2022
Total covered: 382 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-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.
Employer 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 | $61,189 | $69,733-12.3% | $182,153-66.4% | $69,733-12.3% |
| Participation rate | 46.8% | 62.5%-15.6pp | 65.7%-18.9pp | 62.5%-15.6pp |
| Annual return | 13.48% | 15.22%-1.7pp | 35.04%-21.6pp | 15.22%-1.7pp |
| Employer contribution / active EE | $205 | $2,250-90.9% | $2,593-92.1% | $2,250-90.9% |
| Participant deferral / active EE | $1,806 | $3,054-40.9% | $3,776-52.2% | $3,054-40.9% |
| Admin fee / account holder | $5,987 | $3,102+93.0% | $9,477-36.8% | $3,102+93.0% |