Filed September 19, 2024
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 | $88,388 | $80,983+9.1% | $96,544-8.4% | $75,177+17.6% |
| Participation rate | 58.1% | 71.8%-13.6pp | 76.0%-17.8pp | 67.2%-9.1pp |
| Annual return | 14.20% | 27.05%-12.9pp | 25.88%-11.7pp | 160.75%-146.6pp |
| Employer contribution / active EE | $2,486 | $2,282+8.9% | $2,966-16.2% | $2,671-6.9% |
| Participant deferral / active EE | $3,212 | $3,929-18.2% | $4,851-33.8% | $4,126-22.2% |
| Admin fee / account holder | $1,222 | $6,717-81.8% | $8,254-85.2% | $5,651-78.4% |