Filed October 18, 2024
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 | $87,861 | $90,170-2.6% | $150,734-41.7% | $69,733+26.0% |
| Participation rate | 60.6% | 60.2%+0.4pp | 78.4%-17.9pp | 62.5%-1.9pp |
| Annual return | 19.17% | 16.56%+2.6pp | 600.81%-581.6pp | 15.22%+3.9pp |
| Employer contribution / active EE | $2,951 | $3,428-13.9% | $4,918-40.0% | $2,250+31.1% |
| Participant deferral / active EE | $6,289 | $3,086+103.8% | $5,610+12.1% | $3,054+105.9% |
| Admin fee / account holder | $7,394 | $4,600+60.7% | $14,905-50.4% | $3,102+138.4% |