Filed November 19, 2024
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 | $70,116 | $56,197+24.8% | $67,652+3.6% | $59,633+17.6% |
| Participation rate | 59.4% | 71.5%-12.1pp | 75.7%-16.2pp | 68.7%-9.3pp |
| Annual return | 0.12% | 18508.10%-18508.0pp | 6625.40%-6625.3pp | 2041.45%-2041.3pp |
| Employer contribution / active EE | $1,113 | $1,615-31.1% | $2,266-50.9% | $2,203-49.5% |
| Participant deferral / active EE | $2,473 | $2,844-13.0% | $3,560-30.5% | $3,192-22.5% |
| Admin fee / account holder | $3,870 | $3,958-2.2% | $4,821-19.7% | $4,297-9.9% |