Filed September 2, 2020
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.)
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 | $22,091 | $82,523-73.2% | $115,752-80.9% | $70,126-68.5% |
| Participation rate | 69.4% | 74.0%-4.6pp | 77.8%-8.4pp | 69.5%-0.2pp |
| Annual return | 251.19% | 28.22%+223.0pp | 19.41%+231.8pp | 73.15%+178.0pp |
| Employer contribution / active EE | $261 | $2,758-90.5% | $3,492-92.5% | $2,343-88.8% |
| Participant deferral / active EE | $5,749 | $4,062+41.5% | $5,204+10.5% | $3,332+72.6% |
| Admin fee / account holder | $2,038 | $4,552-55.2% | $6,278-67.5% | $4,645-56.1% |