Filed November 21, 2022 (most recent of 4 filings on file)
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 | $60,652 | $81,457-25.5% | $103,378-41.3% | $80,911-25.0% |
| Participation rate | 56.1% | 66.8%-10.7pp | 74.5%-18.4pp | 67.6%-11.6pp |
| Annual return | 11.16% | 25.58%-14.4pp | 24.91%-13.7pp | 35.63%-24.5pp |
| Employer contribution / active EE | $1,718 | $3,107-44.7% | $3,870-55.6% | $2,756-37.7% |
| Participant deferral / active EE | $4,906 | $3,871+26.7% | $5,058-3.0% | $4,297+14.2% |
| Admin fee / account holder | $11,601 | $6,717+72.7% | $8,401+38.1% | $6,935+67.3% |