Filed January 23, 2024
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 | $8,177 | $69,274-88.2% | $64,097-87.2% | $139,487-94.1% |
| Participation rate | 14.3% | 75.6%-61.3pp | 72.3%-58.0pp | 80.3%-66.1pp |
| Annual return | 12.14% | 46.00%-33.9pp | 33.75%-21.6pp | 373.84%-361.7pp |
| Employer contribution / active EE | $863 | $3,187-72.9% | $2,750-68.6% | $4,755-81.8% |
| Participant deferral / active EE | $895 | $4,685-80.9% | $3,881-76.9% | $6,713-86.7% |
| Admin fee / account holder | $2,676 | $4,247-37.0% | $3,070-12.8% | $11,407-76.5% |