Filed January 24, 2022 (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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,864 | $62,166-35.9% | $81,286-51.0% | $74,429-46.4% |
| Participation rate | 23.9% | 64.1%-40.2pp | 69.5%-45.6pp | 67.2%-43.3pp |
| Annual return | 12.32% | 16.50%-4.2pp | 24.80%-12.5pp | 1368.38%-1356.1pp |
| Employer contribution / active EE | $692 | $1,881-63.2% | $2,463-71.9% | $2,625-73.6% |
| Participant deferral / active EE | $1,143 | $3,223-64.5% | $3,883-70.6% | $4,348-73.7% |
| Admin fee / account holder | $3,302 | $1,925+71.6% | $5,764-42.7% | $1,944+69.9% |