Filed January 10, 2023
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.
Employer 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,038 | $87,834-52.1% | $133,975-68.6% | $62,881-33.1% |
| Participation rate | 61.2% | 83.4%-22.2pp | 87.1%-25.9pp | 69.3%-8.1pp |
| Annual return | 8.90% | 12.05%-3.2pp | 29.29%-20.4pp | 20.14%-11.2pp |
| Employer contribution / active EE | $0 | $3,482-100.0% | $5,211-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $8,406 | $4,812+74.7% | $6,282+33.8% | $3,203+162.4% |
| Admin fee / account holder | $3,035 | $5,372-43.5% | $9,324-67.5% | $4,296-29.4% |