Filed November 17, 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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,201 | $58,828-52.1% | $78,002-63.8% | $62,881-55.2% |
| Participation rate | 47.4% | 71.1%-23.7pp | 75.5%-28.2pp | 69.3%-21.9pp |
| Annual return | 7.85% | 17.16%-9.3pp | 425.99%-418.1pp | 20.14%-12.3pp |
| Employer contribution / active EE | $0 | $1,672-100.0% | $2,470-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,020 | $2,686-62.0% | $3,497-70.8% | $3,203-68.2% |
| Admin fee / account holder | $1,094 | $4,393-75.1% | $5,481-80.0% | $4,296-74.5% |