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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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,935 | $56,894-8.7% | $84,753-38.7% | $62,881-17.4% |
| Participation rate | 100.0% | 68.5%+31.5pp | 76.6%+23.4pp | 69.3%+30.7pp |
| Annual return | 6.44% | 6.30%+0.1pp | 22.78%-16.3pp | 20.14%-13.7pp |
| Employer contribution / active EE | $9,023 | $2,400+276.0% | $3,574+152.4% | $2,281+295.6% |
| Participant deferral / active EE | $0 | $2,709-100.0% | $3,712-100.0% | $3,203-100.0% |
| Admin fee / account holder | $15,050 | $3,581+320.3% | $5,333+182.2% | $4,296+250.3% |