Filed August 29, 2023
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.
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 | $39,624 | $138,385-71.4% | $184,243-78.5% | $80,925-51.0% |
| Participation rate | 100.0% | 83.9%+16.1pp | 86.8%+13.2pp | 67.7%+32.3pp |
| Annual return | 11.98% | 20.02%-8.0pp | 28.82%-16.8pp | 35.65%-23.7pp |
| Employer contribution / active EE | $8,236 | $4,851+69.8% | $6,427+28.1% | $2,756+198.8% |
| Participant deferral / active EE | $0 | $7,075-100.0% | $9,132-100.0% | $4,299-100.0% |
| Admin fee / account holder | $6,432 | $10,489-38.7% | $13,914-53.8% | $6,940-7.3% |