Filed July 3, 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 | $62,388 | $105,210-40.7% | $159,487-60.9% | $85,851-27.3% |
| Participation rate | 61.4% | 75.8%-14.4pp | 82.8%-21.4pp | 69.3%-7.9pp |
| Annual return | 14.09% | 45.08%-31.0pp | 263.71%-249.6pp | 318.63%-304.5pp |
| Employer contribution / active EE | $3,819 | $3,319+15.1% | $4,831-21.0% | $2,565+48.9% |
| Participant deferral / active EE | $5,310 | $5,946-10.7% | $7,354-27.8% | $3,952+34.3% |
| Admin fee / account holder | $10,161 | $6,934+46.5% | $10,804-5.9% | $6,261+62.3% |