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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $145,905 | $79,961+82.5% | $98,462+48.2% | $75,177+94.1% |
| Participation rate | 60.0% | 70.4%-10.4pp | 75.2%-15.2pp | 67.2%-7.2pp |
| Annual return | 22.03% | 19.75%+2.3pp | 21.17%+0.9pp | 160.75%-138.7pp |
| Employer contribution / active EE | $643 | $2,264-71.6% | $3,049-78.9% | $2,671-75.9% |
| Participant deferral / active EE | $3,538 | $3,753-5.7% | $4,738-25.3% | $4,126-14.3% |
| Admin fee / account holder | $10,896 | $6,842+59.2% | $8,875+22.8% | $5,651+92.8% |