Filed September 15, 2022
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.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,761 | $54,213-58.0% | $93,696-75.7% | $77,736-70.7% |
| Participation rate | 36.7% | 64.0%-27.2pp | 68.7%-32.0pp | 70.6%-33.9pp |
| Annual return | 10.61% | 30.55%-19.9pp | 133.74%-123.1pp | 31.26%-20.6pp |
| Employer contribution / active EE | $704 | $1,168-39.7% | $2,422-70.9% | $2,728-74.2% |
| Participant deferral / active EE | $1,227 | $3,145-61.0% | $4,417-72.2% | $4,651-73.6% |
| Admin fee / account holder | $6,006 | $575+944.9% | $8,287-27.5% | $433+1286.1% |