Filed November 2, 2023 (most recent of 4 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.
Participant 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.)
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 | $24,414 | $82,028-70.2% | $123,105-80.2% | $59,633-59.1% |
| Participation rate | 58.8% | 83.2%-24.4pp | 86.8%-28.0pp | 68.7%-9.8pp |
| Annual return | 0.13% | 5.12%-5.0pp | 13.22%-13.1pp | 2041.45%-2041.3pp |
| Employer contribution / active EE | $1,763 | $3,297-46.5% | $5,151-65.8% | $2,203-20.0% |
| Participant deferral / active EE | $2,068 | $4,667-55.7% | $6,229-66.8% | $3,192-35.2% |
| Admin fee / account holder | $2,511 | $5,879-57.3% | $9,014-72.1% | $4,297-41.6% |