Filed September 28, 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,481 | $88,778-54.4% | $81,844-50.5% | $145,884-72.3% |
| Participation rate | 47.8% | 75.1%-27.2pp | 72.4%-24.6pp | 80.3%-32.5pp |
| Annual return | 9.46% | 1033.03%-1023.6pp | 778.87%-769.4pp | 551.85%-542.4pp |
| Employer contribution / active EE | $600 | $3,087-80.6% | $2,916-79.4% | $4,662-87.1% |
| Participant deferral / active EE | $1,613 | $4,648-65.3% | $4,323-62.7% | $6,690-75.9% |
| Admin fee / account holder | $749 | $8,430-91.1% | $7,355-89.8% | $13,392-94.4% |