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 | $56,601 | $82,674-31.5% | $125,358-54.8% | $68,498-17.4% |
| Participation rate | 63.3% | 75.0%-11.7pp | 82.4%-19.0pp | 67.9%-4.6pp |
| Annual return | -16.69% | -5.97%-10.7pp | 572.03%-588.7pp | -7.84%-8.8pp |
| Employer contribution / active EE | $4,123 | $3,381+21.9% | $4,814-14.4% | $2,596+58.8% |
| Participant deferral / active EE | $5,710 | $6,111-6.6% | $7,447-23.3% | $4,027+41.8% |
| Admin fee / account holder | $6,985 | $6,276+11.3% | $10,007-30.2% | $5,403+29.3% |