Filed April 27, 2022 (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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,790 | $60,349+10.7% | $74,184-10.0% | $62,881+6.2% |
| Participation rate | 43.8% | 72.7%-28.9pp | 76.6%-32.8pp | 69.3%-25.5pp |
| Annual return | 15.78% | 21.38%-5.6pp | 17.74%-2.0pp | 20.14%-4.4pp |
| Employer contribution / active EE | $0 | $1,680-100.0% | $2,370-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,991 | $2,856-30.3% | $3,550-43.9% | $3,203-37.8% |
| Admin fee / account holder | $914 | $4,261-78.5% | $5,586-83.6% | $4,296-78.7% |