Filed March 13, 2023 (most recent of 3 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 | $16,301 | $41,377-60.6% | $109,313-85.1% | $62,881-74.1% |
| Participation rate | 40.4% | 57.5%-17.2pp | 71.3%-30.9pp | 69.3%-29.0pp |
| Annual return | 6.58% | 11.05%-4.5pp | 22.07%-15.5pp | 20.14%-13.6pp |
| Employer contribution / active EE | $0 | $1,276-100.0% | $3,892-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,164 | $2,045-43.1% | $3,166-63.2% | $3,203-63.7% |
| Admin fee / account holder | $2,105 | $2,884-27.0% | $5,666-62.8% | $4,296-51.0% |