Filed March 11, 2020
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,195 | $105,866-53.5% | $90,766-45.8% | $134,545-63.4% |
| Participation rate | 47.8% | 78.3%-30.4pp | 75.7%-27.9pp | 81.2%-33.4pp |
| Annual return | -20.38% | -10.99%-9.4pp | -12.16%-8.2pp | 418.37%-438.7pp |
| Employer contribution / active EE | $0 | $3,464-100.0% | $2,922-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $1,686 | $5,217-67.7% | $4,565-63.1% | $6,401-73.7% |
| Admin fee / account holder | $9,155 | $13,938-34.3% | $8,446+8.4% | $11,431-19.9% |