Filed July 2, 2024 (most recent of 2 filings on file)
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 | $65,065 | $95,404-31.8% | $113,397-42.6% | $82,637-21.3% |
| Participation rate | 44.7% | 72.8%-28.1pp | 76.5%-31.8pp | 68.1%-23.4pp |
| Annual return | 16.03% | 19.08%-3.0pp | 23.20%-7.2pp | 53.51%-37.5pp |
| Employer contribution / active EE | $720 | $2,307-68.8% | $2,977-75.8% | $2,552-71.8% |
| Participant deferral / active EE | $2,267 | $4,220-46.3% | $5,076-55.3% | $4,126-45.1% |
| Admin fee / account holder | $6,784 | $9,168-26.0% | $11,957-43.3% | $7,339-7.6% |