Filed February 8, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,476 | $49,791-44.8% | $78,210-64.9% | $70,126-60.8% |
| Participation rate | 27.7% | 62.3%-34.6pp | 68.7%-41.0pp | 69.5%-41.8pp |
| Annual return | 0.00% | 20.75%-20.7pp | 40.90%-40.9pp | 73.15%-73.1pp |
| Employer contribution / active EE | $86 | $1,430-94.0% | $2,034-95.8% | $2,343-96.3% |
| Participant deferral / active EE | $535 | $2,150-75.1% | $2,823-81.0% | $3,332-83.9% |
| Admin fee / account holder | $118 | $3,181-96.3% | $3,758-96.9% | $4,645-97.5% |