Filed October 27, 2021 (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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,621 | $55,457-55.6% | $77,361-68.2% | $94,015-73.8% |
| Participation rate | 55.6% | 69.8%-14.3pp | 75.0%-19.4pp | 70.8%-15.3pp |
| Annual return | 9.54% | 15.57%-6.0pp | 1011.54%-1002.0pp | 17.84%-8.3pp |
| Employer contribution / active EE | -$3 | $2,255-100.1% | $2,990-100.1% | $2,790-100.1% |
| Participant deferral / active EE | $0 | $3,069-100.0% | $3,911-100.0% | $4,249-100.0% |
| Admin fee / account holder | $1,451 | $4,334-66.5% | $5,894-75.4% | $8,951-83.8% |