Filed May 15, 2023 (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.
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 | $58,651 | $56,894+3.1% | $84,753-30.8% | $62,881-6.7% |
| Participation rate | 58.8% | 68.5%-9.8pp | 76.6%-17.8pp | 69.3%-10.5pp |
| Annual return | 10.88% | 6.30%+4.6pp | 22.78%-11.9pp | 20.14%-9.3pp |
| Employer contribution / active EE | $2,480 | $2,400+3.3% | $3,574-30.6% | $2,281+8.7% |
| Participant deferral / active EE | $4,469 | $2,709+65.0% | $3,712+20.4% | $3,203+39.5% |
| Admin fee / account holder | $1,187 | $3,581-66.8% | $5,333-77.7% | $4,296-72.4% |