Filed September 16, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 6-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 | $101,469 | $54,729+85.4% | $86,235+17.7% | $71,529+41.9% |
| Participation rate | 52.9% | 60.1%-7.2pp | 69.0%-16.1pp | 67.9%-15.1pp |
| Annual return | 16.43% | 20.07%-3.6pp | 1170.03%-1153.6pp | 28.97%-12.5pp |
| Employer contribution / active EE | $482 | $1,267-61.9% | $2,381-79.7% | $2,590-81.4% |
| Participant deferral / active EE | $2,615 | $3,110-15.9% | $3,987-34.4% | $4,291-39.1% |
| Admin fee / account holder | $1,531 | $1,921-20.3% | $6,856-77.7% | $1,588-3.6% |