Filed July 13, 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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,094 | $59,448+85.2% | $93,696+17.5% | $74,459+47.9% |
| Participation rate | 32.2% | 59.6%-27.4pp | 68.7%-36.5pp | 67.2%-35.0pp |
| Annual return | 8.48% | 82.11%-73.6pp | 133.74%-125.3pp | 1369.70%-1361.2pp |
| Employer contribution / active EE | $145 | $1,266-88.6% | $2,422-94.0% | $2,626-94.5% |
| Participant deferral / active EE | $2,050 | $3,052-32.8% | $4,417-53.6% | $4,350-52.9% |
| Admin fee / account holder | $5,026 | $3,027+66.0% | $8,287-39.4% | $1,945+158.4% |