Filed July 3, 2024 (most recent of 2 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.
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 | $18,544 | $45,050-58.8% | $63,018-70.6% | $70,126-73.6% |
| Participation rate | 58.8% | 69.5%-10.7pp | 74.8%-16.0pp | 69.5%-10.7pp |
| Annual return | 20.85% | 18.76%+2.1pp | 87.62%-66.8pp | 73.15%-52.3pp |
| Employer contribution / active EE | $304 | $2,052-85.2% | $2,761-89.0% | $2,343-87.0% |
| Participant deferral / active EE | $2,058 | $2,466-16.5% | $3,330-38.2% | $3,332-38.2% |
| Admin fee / account holder | $2,243 | $2,834-20.9% | $3,601-37.7% | $4,645-51.7% |