Filed June 1, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 4-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.)
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 | $19,031 | $93,345-79.6% | $119,126-84.0% | $87,485-78.2% |
| Participation rate | 56.4% | 68.7%-12.3pp | 75.8%-19.4pp | 68.9%-12.5pp |
| Annual return | 21.28% | 19.08%+2.2pp | 282.11%-260.8pp | 26.06%-4.8pp |
| Employer contribution / active EE | $1,387 | $3,172-56.3% | $4,034-65.6% | $2,596-46.6% |
| Participant deferral / active EE | $2,297 | $4,099-44.0% | $5,318-56.8% | $4,274-46.2% |
| Admin fee / account holder | $727 | $8,039-91.0% | $10,693-93.2% | $7,775-90.6% |