Filed March 1, 2023
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 | $38,355 | $65,582-41.5% | $64,099-40.2% | $71,495-46.4% |
| Participation rate | 60.4% | 73.2%-12.8pp | 72.3%-11.9pp | 67.9%-7.6pp |
| Annual return | 18.58% | 18.96%-0.4pp | 33.70%-15.1pp | 28.85%-10.3pp |
| Employer contribution / active EE | $566 | $2,671-78.8% | $2,748-79.4% | $2,589-78.1% |
| Participant deferral / active EE | $3,591 | $3,628-1.0% | $3,881-7.5% | $4,291-16.3% |
| Admin fee / account holder | $4,427 | $616+618.3% | $3,070+44.2% | $1,588+178.8% |