Filed May 15, 2024
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,651 | $61,660+25.9% | $80,022-3.0% | $64,173+21.0% |
| Participation rate | 57.5% | 71.7%-14.2pp | 75.8%-18.3pp | 69.6%-12.1pp |
| Annual return | -4.39% | -0.33%-4.1pp | 11.22%-15.6pp | 7.63%-12.0pp |
| Employer contribution / active EE | $277 | $1,810-84.7% | $2,468-88.8% | $2,381-88.4% |
| Participant deferral / active EE | $1,756 | $2,968-40.8% | $3,686-52.4% | $3,470-49.4% |
| Admin fee / account holder | $16,780 | $5,417+209.8% | $6,521+157.3% | $4,887+243.3% |