Filed March 8, 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.
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 | $54,680 | $145,431-62.4% | $211,142-74.1% | $87,485-37.5% |
| Participation rate | 44.3% | 84.7%-40.4pp | 87.3%-43.0pp | 68.9%-24.6pp |
| Annual return | 9.77% | 27.21%-17.4pp | 46.84%-37.1pp | 26.06%-16.3pp |
| Employer contribution / active EE | $1,690 | $4,662-63.7% | $6,442-73.8% | $2,596-34.9% |
| Participant deferral / active EE | $1,584 | $6,859-76.9% | $9,284-82.9% | $4,274-62.9% |
| Admin fee / account holder | $1,126 | $17,052-93.4% | $19,076-94.1% | $7,775-85.5% |