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 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,486 | $77,164-57.9% | $178,014-81.8% | $80,874-59.8% |
| Participation rate | 38.0% | 65.7%-27.7pp | 77.1%-39.1pp | 67.6%-29.6pp |
| Annual return | 8.36% | 18.09%-9.7pp | 294.80%-286.4pp | 35.62%-27.3pp |
| Employer contribution / active EE | $1,220 | $2,288-46.7% | $3,950-69.1% | $2,756-55.7% |
| Participant deferral / active EE | $2,275 | $4,408-48.4% | $6,276-63.8% | $4,297-47.1% |
| Admin fee / account holder | $8,446 | $7,164+17.9% | $10,362-18.5% | $6,935+21.8% |