Filed July 12, 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.
Participant 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,431 | $76,522-96.8% | $56,033-95.7% | $145,884-98.3% |
| Participation rate | 20.0% | 63.2%-43.2pp | 52.5%-32.5pp | 80.3%-60.3pp |
| Annual return | -60.70% | 3014.28%-3075.0pp | 1711.38%-1772.1pp | 551.85%-612.5pp |
| Employer contribution / active EE | $277 | $1,382-80.0% | $1,041-73.4% | $4,662-94.1% |
| Participant deferral / active EE | $94 | $2,624-96.4% | $1,954-95.2% | $6,690-98.6% |
| Admin fee / account holder | $12,324 | $3,328+270.3% | $2,827+335.9% | $13,392-8.0% |