Filed May 12, 2016 (most recent of 2 filings on file)
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 | $19,509 | $41,377-52.9% | $109,313-82.2% | $62,881-69.0% |
| Participation rate | 63.6% | 57.5%+6.1pp | 71.3%-7.6pp | 69.3%-5.7pp |
| Annual return | 8.29% | 11.05%-2.8pp | 22.07%-13.8pp | 20.14%-11.9pp |
| Employer contribution / active EE | $377 | $1,276-70.5% | $3,892-90.3% | $2,281-83.5% |
| Participant deferral / active EE | $1,542 | $2,045-24.6% | $3,166-51.3% | $3,203-51.9% |
| Admin fee / account holder | $4,223 | $2,884+46.4% | $5,666-25.5% | $4,296-1.7% |