Filed May 14, 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,790 | $94,529-73.8% | $140,019-82.3% | $64,173-61.4% |
| Participation rate | 97.5% | 84.1%+13.4pp | 87.5%+10.0pp | 69.6%+27.9pp |
| Annual return | 8.59% | 7.77%+0.8pp | 651.17%-642.6pp | 7.63%+1.0pp |
| Employer contribution / active EE | $1,421 | $3,812-62.7% | $5,605-74.6% | $2,381-40.3% |
| Participant deferral / active EE | $2,850 | $5,250-45.7% | $6,927-58.9% | $3,470-17.9% |
| Admin fee / account holder | $1,144 | $6,741-83.0% | $10,705-89.3% | $4,887-76.6% |