Filed September 26, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-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.)
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 | $12,980 | $69,383-81.3% | $101,264-87.2% | $73,493-82.3% |
| Participation rate | 40.8% | 68.4%-27.5pp | 75.8%-35.0pp | 70.7%-29.8pp |
| Annual return | 30.29% | 18.46%+11.8pp | 46.48%-16.2pp | 28.51%+1.8pp |
| Employer contribution / active EE | $1,420 | $2,628-46.0% | $3,660-61.2% | $2,270-37.5% |
| Participant deferral / active EE | $2,480 | $3,301-24.9% | $4,370-43.3% | $3,740-33.7% |
| Admin fee / account holder | $1,253 | $704+78.0% | $5,947-78.9% | $513+144.2% |