Filed October 27, 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.
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 | $35,621 | $63,346-43.8% | $92,240-61.4% | $70,126-49.2% |
| Participation rate | 26.3% | 68.7%-42.4pp | 76.5%-50.2pp | 69.5%-43.2pp |
| Annual return | 21.12% | 530.19%-509.1pp | 176.29%-155.2pp | 73.15%-52.0pp |
| Employer contribution / active EE | $720 | $2,471-70.9% | $3,680-80.4% | $2,343-69.3% |
| Participant deferral / active EE | $1,632 | $2,854-42.8% | $3,897-58.1% | $3,332-51.0% |
| Admin fee / account holder | $1,459 | $3,841-62.0% | $5,194-71.9% | $4,645-68.6% |