Filed May 7, 2020
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 | $92,830 | $53,777+72.6% | $134,155-30.8% | $79,858+16.2% |
| Participation rate | 57.8% | 58.8%-1.0pp | 72.2%-14.4pp | 69.6%-11.9pp |
| Annual return | 12.73% | 19.01%-6.3pp | 36.34%-23.6pp | 31.72%-19.0pp |
| Employer contribution / active EE | $1,282 | $1,321-3.0% | $3,705-65.4% | $2,471-48.1% |
| Participant deferral / active EE | $1,987 | $2,420-17.9% | $3,500-43.2% | $3,740-46.9% |
| Admin fee / account holder | $3,368 | $3,984-15.5% | $6,685-49.6% | $5,306-36.5% |