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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 | $16,539 | $56,287-70.6% | $80,977-79.6% | $62,881-73.7% |
| Participation rate | 75.3% | 68.9%+6.4pp | 75.8%-0.5pp | 69.3%+6.0pp |
| Annual return | 14.36% | 22.13%-7.8pp | 17.11%-2.7pp | 20.14%-5.8pp |
| Employer contribution / active EE | $0 | $1,943-100.0% | $3,715-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $6,593 | $4,196+57.2% | $5,696+15.8% | $3,203+105.9% |
| Admin fee / account holder | $314 | $3,742-91.6% | $5,517-94.3% | $4,296-92.7% |