Filed February 9, 2021
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.
Participant 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,930 | $81,870-81.8% | $119,622-87.5% | $68,486-78.2% |
| Participation rate | 63.2% | 71.9%-8.7pp | 79.3%-16.1pp | 67.9%-4.7pp |
| Annual return | -17.69% | -23.82%+6.1pp | -14.98%-2.7pp | -7.85%-9.8pp |
| Employer contribution / active EE | $838 | $2,692-68.9% | $4,232-80.2% | $2,597-67.7% |
| Participant deferral / active EE | $1,766 | $4,148-57.4% | $5,601-68.5% | $4,028-56.1% |
| Admin fee / account holder | $6,647 | $6,583+1.0% | $10,328-35.6% | $5,404+23.0% |