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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 | $13,503 | $153,769-91.2% | $133,975-89.9% | $273,972-95.1% |
| Participation rate | 77.8% | 88.4%-10.6pp | 87.1%-9.3pp | 83.0%-5.2pp |
| Annual return | 3.61% | 36.51%-32.9pp | 29.29%-25.7pp | 41.46%-37.8pp |
| Employer contribution / active EE | $0 | $6,029-100.0% | $5,211-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $205 | $6,958-97.1% | $6,282-96.7% | $5,287-96.1% |
| Admin fee / account holder | $2,955 | $11,765-74.9% | $9,324-68.3% | $10,133-70.8% |