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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 | $10,272 | $48,300-78.7% | $40,145,923-100.0% | $62,881-83.7% |
| Participation rate | 76.6% | 62.0%+14.6pp | 68.4%+8.2pp | 69.3%+7.3pp |
| Annual return | 8.60% | 6.95%+1.6pp | 5.24%+3.4pp | 20.14%-11.5pp |
| Employer contribution / active EE | $1,184 | $1,333-11.2% | $1,844-35.8% | $2,281-48.1% |
| Participant deferral / active EE | $1,885 | $2,388-21.1% | $2,591-27.2% | $3,203-41.2% |
| Admin fee / account holder | $2,310 | $2,919-20.9% | $2,903-20.4% | $4,296-46.2% |