Filed May 25, 2021
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,185 | $59,448-7.2% | $93,696-41.1% | $74,459-25.9% |
| Participation rate | 14.5% | 59.6%-45.1pp | 68.7%-54.2pp | 67.2%-52.7pp |
| Annual return | 9.50% | 82.11%-72.6pp | 133.74%-124.2pp | 1369.70%-1360.2pp |
| Employer contribution / active EE | $0 | $1,266-100.0% | $2,422-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $1,136 | $3,052-62.8% | $4,417-74.3% | $4,350-73.9% |
| Admin fee / account holder | $19,752 | $3,027+552.5% | $8,287+138.4% | $1,945+915.6% |