Filed March 29, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-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 | $92,167 | $46,697+97.4% | $117,529-21.6% | $68,490+34.6% |
| Participation rate | 41.4% | 56.8%-15.3pp | 70.6%-29.2pp | 67.9%-26.5pp |
| Annual return | -15.44% | -14.52%-0.9pp | 29.77%-45.2pp | -7.85%-7.6pp |
| Employer contribution / active EE | $0 | $1,506-100.0% | $4,179-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,371 | $2,637-48.0% | $4,072-66.3% | $4,028-66.0% |
| Admin fee / account holder | $2,981 | $4,023-25.9% | $5,645-47.2% | $5,403-44.8% |