Filed September 28, 2023
Total covered: 3 employees
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.
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 | $63,002 | $87,106-27.7% | $105,607-40.3% | $80,935-22.2% |
| Participation rate | 50.6% | 70.4%-19.8pp | 75.3%-24.6pp | 67.7%-17.0pp |
| Annual return | 11.95% | 17.01%-5.1pp | 116.11%-104.2pp | 35.66%-23.7pp |
| Employer contribution / active EE | $1,082 | $2,396-54.8% | $3,167-65.8% | $2,757-60.8% |
| Participant deferral / active EE | $2,374 | $3,986-40.4% | $5,011-52.6% | $4,299-44.8% |
| Admin fee / account holder | $8,886 | $8,447+5.2% | $10,958-18.9% | $6,924+28.3% |