Filed August 25, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 3-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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,928 | $102,422-40.5% | $147,117-58.6% | $80,959-24.7% |
| Participation rate | 64.0% | 75.9%-11.9pp | 82.2%-18.2pp | 67.7%-3.7pp |
| Annual return | 13.69% | 135.16%-121.5pp | 420.54%-406.9pp | 35.67%-22.0pp |
| Employer contribution / active EE | $275 | $3,717-92.6% | $4,932-94.4% | $2,757-90.0% |
| Participant deferral / active EE | $9,367 | $6,652+40.8% | $8,065+16.2% | $4,300+117.8% |
| Admin fee / account holder | $881 | $7,953-88.9% | $12,993-93.2% | $6,925-87.3% |