Filed March 17, 2022
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 | $56,372 | $74,535-24.4% | $100,712-44.0% | $82,637-31.8% |
| Participation rate | 51.3% | 61.2%-9.9pp | 69.3%-18.0pp | 68.1%-16.8pp |
| Annual return | 21.99% | 18.92%+3.1pp | 33.27%-11.3pp | 53.51%-31.5pp |
| Employer contribution / active EE | $0 | $1,503-100.0% | $2,313-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $1,951 | $3,074-36.5% | $4,085-52.2% | $4,126-52.7% |
| Admin fee / account holder | $1,052 | $6,576-84.0% | $9,256-88.6% | $7,339-85.7% |