Filed December 30, 2019
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.)
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 | $54,796 | $120,072-54.4% | $199,883-72.6% | $71,012-22.8% |
| Participation rate | 19.9% | 88.3%-68.4pp | 86.8%-66.9pp | 58.6%-38.7pp |
| Annual return | 17.11% | 28.85%-11.7pp | 43.81%-26.7pp | 37.67%-20.6pp |
| Employer contribution / active EE | $0 | $4,435-100.0% | $6,261-100.0% | $2,348-100.0% |
| Participant deferral / active EE | $1,980 | $7,789-74.6% | $9,138-78.3% | $3,246-39.0% |
| Admin fee / account holder | $8,584 | $308+2690.4% | $17,268-50.3% | $1,167+635.5% |