Filed December 16, 2020
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 | $57,660 | $56,894+1.3% | $84,753-32.0% | $62,881-8.3% |
| Participation rate | 58.9% | 68.5%-9.6pp | 76.6%-17.7pp | 69.3%-10.4pp |
| Annual return | 5.86% | 6.30%-0.4pp | 22.78%-16.9pp | 20.14%-14.3pp |
| Employer contribution / active EE | $1,973 | $2,400-17.8% | $3,574-44.8% | $2,281-13.5% |
| Participant deferral / active EE | $2,599 | $2,709-4.1% | $3,712-30.0% | $3,203-18.9% |
| Admin fee / account holder | $2,949 | $3,581-17.7% | $5,333-44.7% | $4,296-31.4% |