Filed October 4, 2017
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.
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 | $11,547 | $82,028-85.9% | $123,105-90.6% | $59,633-80.6% |
| Participation rate | 63.6% | 83.2%-19.6pp | 86.8%-23.1pp | 68.7%-5.0pp |
| Annual return | -0.70% | 5.12%-5.8pp | 13.22%-13.9pp | 2041.45%-2042.2pp |
| Employer contribution / active EE | $1,222 | $3,297-62.9% | $5,151-76.3% | $2,203-44.5% |
| Participant deferral / active EE | $1,501 | $4,667-67.8% | $6,229-75.9% | $3,192-53.0% |
| Admin fee / account holder | $3,470 | $5,879-41.0% | $9,014-61.5% | $4,297-19.2% |