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.
Employer 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $178,079 | $101,950+74.7% | $125,529+41.9% | $86,983+104.7% |
| Participation rate | 56.5% | 70.2%-13.7pp | 74.7%-18.3pp | 69.5%-13.1pp |
| Annual return | 9.60% | 18.29%-8.7pp | 202.56%-193.0pp | 25.83%-16.2pp |
| Employer contribution / active EE | $524 | $2,358-77.8% | $3,058-82.9% | $2,584-79.7% |
| Participant deferral / active EE | $2,764 | $3,862-28.4% | $4,813-42.6% | $4,194-34.1% |
| Admin fee / account holder | $32,887 | $12,791+157.1% | $16,298+101.8% | $7,856+318.6% |