Filed December 9, 2020 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 3-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.
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.
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 | $6,275 | $48,576-87.1% | $169,452-96.3% | $56,287-88.9% |
| Participation rate | 22.1% | 65.8%-43.7pp | 77.8%-55.7pp | 69.9%-47.7pp |
| Annual return | -15.54% | -2.51%-13.0pp | 1.83%-17.4pp | -9.96%-5.6pp |
| Employer contribution / active EE | $541 | $1,559-65.3% | $4,157-87.0% | $2,111-74.4% |
| Participant deferral / active EE | $844 | $3,275-74.2% | $5,277-84.0% | $3,350-74.8% |
| Admin fee / account holder | $515 | $435+18.4% | $9,110-94.3% | $521-1.1% |