Filed February 4, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-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.)
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 | $10,021 | $84,236-88.1% | $170,435-94.1% | $70,126-85.7% |
| Participation rate | 65.0% | 70.8%-5.8pp | 83.6%-18.6pp | 69.5%-4.5pp |
| Annual return | 77.35% | 23.06%+54.3pp | 205.94%-128.6pp | 73.15%+4.2pp |
| Employer contribution / active EE | $303 | $3,387-91.1% | $5,432-94.4% | $2,343-87.1% |
| Participant deferral / active EE | $4,476 | $3,086+45.1% | $4,939-9.4% | $3,332+34.4% |
| Admin fee / account holder | $2,870 | $5,698-49.6% | $13,881-79.3% | $4,645-38.2% |