Filed April 28, 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.
Employer 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,903 | $81,331-73.1% | $155,534-85.9% | $80,935-72.9% |
| Participation rate | 37.3% | 66.3%-29.0pp | 78.2%-41.0pp | 67.7%-30.4pp |
| Annual return | 4.50% | 33.37%-28.9pp | 64.92%-60.4pp | 35.66%-31.2pp |
| Employer contribution / active EE | $0 | $3,105-100.0% | $4,675-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,945 | $3,454-43.7% | $5,630-65.5% | $4,299-54.8% |
| Admin fee / account holder | $7,503 | $7,999-6.2% | $15,900-52.8% | $6,924+8.4% |