Filed September 9, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-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.
Participant 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 | $22,717 | $52,678-56.9% | $75,784-70.0% | $59,633-61.9% |
| Participation rate | 59.2% | 67.2%-8.0pp | 75.8%-16.6pp | 68.7%-9.5pp |
| Annual return | -0.88% | 2.95%-3.8pp | 9.68%-10.6pp | 2041.45%-2042.3pp |
| Employer contribution / active EE | $1,372 | $2,193-37.5% | $3,323-58.7% | $2,203-37.7% |
| Participant deferral / active EE | $371 | $2,591-85.7% | $3,652-89.8% | $3,192-88.4% |
| Admin fee / account holder | $2,922 | $3,610-19.1% | $5,300-44.9% | $4,297-32.0% |