Filed November 17, 2022
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.
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 | $20,207 | $185,883-89.1% | $170,043-88.1% | $139,466-85.5% |
| Participation rate | 50.0% | 87.8%-37.8pp | 87.0%-37.0pp | 80.3%-30.3pp |
| Annual return | 26.68% | 60.54%-33.9pp | 53.40%-26.7pp | 373.66%-347.0pp |
| Employer contribution / active EE | $4,919 | $7,596-35.2% | $6,790-27.6% | $4,754+3.5% |
| Participant deferral / active EE | $8,187 | $11,626-29.6% | $10,410-21.4% | $6,712+22.0% |
| Admin fee / account holder | $17,689 | $15,393+14.9% | $12,824+37.9% | $11,409+55.0% |