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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.)
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 | $7,697 | $88,672-91.3% | $105,223-92.7% | $82,448-90.7% |
| Participation rate | 97.1% | 67.9%+29.1pp | 75.0%+22.0pp | 68.1%+29.0pp |
| Annual return | 14.94% | 30.86%-15.9pp | 180.65%-165.7pp | 41.64%-26.7pp |
| Employer contribution / active EE | $1,480 | $3,048-51.4% | $3,689-59.9% | $2,551-42.0% |
| Participant deferral / active EE | $603 | $4,036-85.1% | $5,072-88.1% | $4,139-85.4% |
| Admin fee / account holder | $3,244 | $7,146-54.6% | $8,859-63.4% | $7,234-55.2% |