Filed September 7, 2022
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $123,276 | $73,019+68.8% | $90,766+35.8% | $68,490+80.0% |
| Participation rate | 58.9% | 70.8%-11.9pp | 75.7%-16.8pp | 67.9%-9.0pp |
| Annual return | -24.91% | -13.81%-11.1pp | -12.16%-12.7pp | -7.85%-17.1pp |
| Employer contribution / active EE | $667 | $2,193-69.6% | $2,922-77.2% | $2,597-74.3% |
| Participant deferral / active EE | $3,760 | $3,626+3.7% | $4,565-17.6% | $4,028-6.7% |
| Admin fee / account holder | $2,997 | $5,897-49.2% | $8,446-64.5% | $5,403-44.5% |