Filed April 29, 2021
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 | $25,508 | $43,344-41.1% | $59,899-57.4% | $64,173-60.3% |
| Participation rate | 42.3% | 69.2%-26.9pp | 74.7%-32.4pp | 69.6%-27.3pp |
| Annual return | 22.43% | -1.55%+24.0pp | 3.46%+19.0pp | 7.63%+14.8pp |
| Employer contribution / active EE | $0 | $2,030-100.0% | $2,723-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $939 | $2,547-63.1% | $3,402-72.4% | $3,470-72.9% |
| Admin fee / account holder | $5,379 | $3,008+78.8% | $3,592+49.7% | $4,887+10.1% |