Filed July 31, 2025
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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 | $64,019 | $81,870-21.8% | $119,608-46.5% | $68,495-6.5% |
| Participation rate | 65.4% | 71.9%-6.5pp | 79.3%-13.9pp | 67.9%-2.5pp |
| Annual return | -15.51% | -23.82%+8.3pp | -14.98%-0.5pp | -7.84%-7.7pp |
| Employer contribution / active EE | $2,632 | $2,692-2.2% | $4,232-37.8% | $2,596+1.3% |
| Participant deferral / active EE | $6,035 | $4,148+45.5% | $5,601+7.7% | $4,028+49.8% |
| Admin fee / account holder | $11,103 | $6,583+68.7% | $10,326+7.5% | $5,403+105.5% |