Filed February 27, 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.
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 | $36,615 | $51,642-29.1% | $129,384-71.7% | $80,935-54.8% |
| Participation rate | 42.9% | 56.9%-14.1pp | 69.6%-26.8pp | 67.7%-24.8pp |
| Annual return | 11.18% | 20.78%-9.6pp | 9461.77%-9450.6pp | 35.66%-24.5pp |
| Employer contribution / active EE | $655 | $1,583-58.6% | $4,153-84.2% | $2,757-76.3% |
| Participant deferral / active EE | $1,202 | $2,670-55.0% | $4,166-71.1% | $4,299-72.0% |
| Admin fee / account holder | $2,747 | $4,312-36.3% | $7,686-64.3% | $6,924-60.3% |