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 | $86,330-44.8% | $121,871-60.9% | $94,015-49.3% |
| Participation rate | 55.7% | 66.7%-11.0pp | 73.2%-17.5pp | 70.8%-15.1pp |
| Annual return | 14.46% | 14.95%-0.5pp | 13.57%+0.9pp | 17.84%-3.4pp |
| Employer contribution / active EE | $484 | $2,292-78.9% | $2,731-82.3% | $2,790-82.7% |
| Participant deferral / active EE | $2,120 | $3,146-32.6% | $4,318-50.9% | $4,249-50.1% |
| Admin fee / account holder | $3,121 | $7,346-57.5% | $11,551-73.0% | $8,951-65.1% |