Filed March 14, 2024
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.
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 | $38,240 | $73,102-47.7% | $123,553-69.0% | $56,289-32.1% |
| Participation rate | 49.0% | 74.3%-25.3pp | 82.3%-33.3pp | 69.9%-20.8pp |
| Annual return | -7.33% | 3.01%-10.3pp | 119.21%-126.5pp | -9.96%+2.6pp |
| Employer contribution / active EE | $1,138 | $2,977-61.8% | $4,628-75.4% | $2,111-46.1% |
| Participant deferral / active EE | $4,913 | $5,423-9.4% | $6,426-23.5% | $3,350+46.7% |
| Admin fee / account holder | $378 | $554-31.8% | $9,284-95.9% | $521-27.5% |