Filed July 2, 2020
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 | $47,680 | $72,607-34.3% | $90,259-47.2% | $87,485-45.5% |
| Participation rate | 55.7% | 64.8%-9.1pp | 70.7%-15.0pp | 68.9%-13.2pp |
| Annual return | 14.46% | 18.59%-4.1pp | 18.88%-4.4pp | 26.06%-11.6pp |
| Employer contribution / active EE | $484 | $1,919-74.8% | $2,291-78.9% | $2,596-81.4% |
| Participant deferral / active EE | $2,120 | $3,055-30.6% | $3,827-44.6% | $4,274-50.4% |
| Admin fee / account holder | $3,121 | $5,947-47.5% | $7,267-57.1% | $7,775-59.9% |